Platinum Bank Implements New Business Transparency Standards

The Bank informs openly its existing and prospect customers about all of its shareholders, financial statements and auditors’ reports providing as much information required to understand the Bank’s business and the principles of its operation as possible. Under the business transparency standards, Platinum Bank provides the visitors of its corporate website with pictorial views of the Bank’s activities through Photogalery section on http://www.platinumbank.com.ua/view.photo/. In this section, you may see images of the Bank’s activities, the evidence of its participation in various events.

Greg Krasnov, CEO of Platinum Bank, noted that: “We are well aware of our customers’ needs to know reliable information about the bank which they choose as their financial partner. In fact, we may only trust those people and companies about which we know sufficiently enough information. And everybody knows the proverb ‘seeing is believing’; therefore, I am sure that one photo in Photogalery section on our website will tell expressly how we work and will display our goals and objectives in business conduct.”

Platinum Bank adheres to such principles of business as: devotion to duty, reliability in partnership, innovation in business approaches, business process effectiveness, integrity and communicativeness.

Bank Profile:
Platinum Bank (www.platinumbank.com.ua) (operating formerly under such brands as IMB Group, International Mortgage Bank, and Family Credit) offers deposits and loan products to individuals through its network of outlets and points of sales throughout Ukraine. As at January 01, 2009, Platinum Bank’s consolidated assets were UAH1.4 billion. Platinum Bank ranks the first among the Ukrainian banks in terms of capitalization (the consolidated share capital / assets ratio) and the 34th in terms of consolidated share capital. The main shareholders of Platinum Bank include international management companies Horizon Capital, East Capital and IFC (a member of the World Bank Group).