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Platinum Bank Facilitates Lending Renewal in Ukraine

On June 23, 2009, Platinum Bank took part in a Car Lending Renewal in Ukraine press conference. VD Group was the organizer of this press conference. Artem Tkachenko, VD Group’s Auto Business Manager, a member of the Board of Directors, Kostyantyn Novytsky, Platinum Bank’s Branch Sales Manager, and other representatives of banks took part in the press conference. Platinum Bank is the exclusive operator in spare cash lending, service cash lending and insurance cash lending for VD Group’s customers.

Currently, VD Group has entered into contracts for car loans with six banks. Platinum Bank is the exclusive partner in granting unsecured cash loans for spare purchase, car services and insurance.

Kostyantyn Novytsky, Platinum Bank’s Branch Sales Manager said that “Thanks to a correctly built-up assets management and risk management system, we have unique liquidity figures in the banking market enabling us to develop and introduce new products. A Personal Loan product (an unsecured cash loan) enables a customer to receive a desired amount of cash funds for his/her needs. We hope that our collaboration with VD Group will be mutually beneficial and will constitute cash lending renewal in the banking sphere which, of course, would result in favorable trends in economy.”

Artem Tkachenko, VD Group’s Auto Business Manager emphasized: “A comprehensive approach and a permanent care for customer’s interests are distinctive features of VD AutoCity making Auto City ever stronger and more stable. We approach very carefully to the selection of partner banks in lending. For us, bank’s liquidity and reliability are the basic indicators. The collaboration of car dealers’ centers which are members of VD AutoCity with Platinum Bank has enabled us to offer to our customers not only a car loan service but also a prompt unsecured loan of up to UAH75 thou for the acquisition of accessories and spares.”

Platinum Bank offer to its customers various lending and deposit schemes including without limitation consumer loans, cash loans, and deposits for periods of time from 14 days through 18 months.

Bank Profile:
Platinum Bank
( (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).

VD AutoCity is an association of six dealers’ centers in Kyiv and Odesa of 50,000 square meters in total area; this is more than 40 models of various makes; this is more than 100 service posts which service up to 400 cars per day. This is the complete set of services including but not limited to a Test Drive, car purchase, insurance, lease, loan, trade-in, formal service, accessories and spares. This is a premium service in everything. This is a real City of Automobiles.


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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