Platinum Bank completed the acquisition of Home Credit Bank (Ukraine)
Platinum Bank and Home Credit B. V. announce that the acquisition of PJSC “Home Credit Bank” (Ukraine) from Home Credit B.V. has been closed. All regulatory approvals from the National Bank of Ukraine and the Ukrainian antimonopoly office had been received.
Through this transaction Platinum Bank continues to pursue the development of its retail and SME businesses in Ukraine. Platinum Bank currently provides its services to more than 500,000 clients throughout Ukraine and after a process of integration Home Credit’s Ukrainian operations will be incorporated into Platinum Bank.
Platinum Bank will offer Home Credit’s retail clients a broad range of products and services as well as an extensive, high quality branch network. After the integration process, all retail services will be provided under the brand of Platinum Bank while the Home Credit brand will withdraw from the Ukrainian market.
More details in the press-release.
For Your Reference:
Platinum Bank is one of the biggest players in the national banking system. It belongs to the 1st Group of Banks according to the rating of the National Bank of Ukraine (over 0.5% of assets of the Banking System of Ukraine). Its regional network includes 69 branches and 1080 points of sales in various regions of Ukraine.
One of the top strategic priorities of Platinum Bank is transactional business. In 2016 Platinum Bank became one of the leaders in crediting for individuals among Ukrainian banks. It is also one of the annual leaders on the market in consumer credit segment.
Also, Platinum Bank is actively working on its Digital Bank project. Among others, it actively develops its pay.ptclick.com.ua platform and Platinum Lab – a lab of financial innovations.
At the same time Platinum Bank actively engages more and more corporate clients, first and foremost in distribution and IT business.
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