Platinum Bank Ranked Number 1 in Deposit Portfolio Growth
In 2011 Platinum Bank became one of the market leaders in retail banking. The bank`s successful financial activity is confirmed by the consolidated financial statements and NBU data. Bank’s retail deposits portfolio increased by 456% and Platinum Bank topped the list of retail deposits portfolio growth (among TOP-30 banks on retail deposits portfolio). At year-end the bank was one of the TOP-10 banks on retail loans portfolio in local currency, which raised by 230%.
Mark Iwashko, Founding Partner and Chief Investment Officer of Horizon Capital stated: “Bank`s management team is brilliant in fulfillment of strategic targets on financial results and reinforcement of its presence through the country. We`re excited that the bank is an outstanding leader of retail banking segment and is active in corporate social responsibility sector development, providing the country with added value”.
”2011 was a year of strategic importance for us. During the last year’s operations on Ukrainian market the bank has achieved significant results that were mostly directed by the proper strategy as well quality of our banking products and services. Generally speaking, such a success in deposit attraction will support our growth of loan money disbursed to the Client by the Bank for a certain period and on terms as specified in the agreement. Loan portfolio and ensure relevant liquidity cushion for 2012. Today, we set even more ambitious goals so that we develop a legendary financial institution: sound and reliable bank for our clients and shareholders. In 2012 we will propose our clients and business-partners new systems and services which will assist us to achieve even greater success», - outlined Gregory Krasnov, Platinum Bank Chief Executive Officer.
More details in the press-release.