Platinum Bank – leader of bank retail growth in Ukraine
Based on the results of three quarters of the year 2011, Platinum Bank was rated as 2nd and 3rd fastest growing bank by retail deposits and retail loans in local currency respectively, and became the only bank in Ukraine to reach a Top 5 position in both ratings.
Between 01.01.11 and 01.10.11, the bank’s deposit portfolio grew by 243%, and its loan money disbursed to the Client by the Bank for a certain period and on terms as specified in the agreement. Loan portfolio grew by 155%. Due to this development, Platinum Bank became the 12th largest bank in the country by retail lending in the national currency, and the 33rd largest retail deposit bank as of 1.10.11. As of 31.10.11, the bank’s retail network was comprised by over 1,600 units, including classical bank branches (Platinum Branch), service centers in shopping centers (Platinum Light) and in-store consumer lending POSs (Platinum Express). Platinum Bank’s consolidated IFRS ROE for the first three quarters of 2012 reached 12%.
More details in the press-release.