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Platinum Bank's New Shareholders Became Group of Financial Investors

On the 18th of November, 2013 was closed the deal on the acquisition of 100% of shares of Platinum Bank, formerly belonging to a group of investment funds (Horizon Capital, East Capital, IFC, FPP Asset Management), management and other minority shareholders. New shareholders of Platinum Bank became a group of financial investors, which includes the private equity fund - European Infrastructure Investment Company (“ЕIIC”, Luxembourg). 

Greg Krasnov, CEO of Platinum Bank: “Our bank’s shareholders have always been investment funds. We are pleased that this tradition continues. Our new shareholders are interested in the dynamic development of the bank, implementation of innovations and achievement of ambitious new goals. They fully support our 5-year strategic development plan, which includes the transition from product-focused to customer-focused bank. We will introduce new products that were not previously available to the mass segment of customers, offer package services, develop the agency channel and other alternative distribution channels.”

More detailed 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 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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