According to Platinum Bank research and the sales results the demand for cash loans among the Ukrainian population is growing rapidly. Unsecured cash loans for various needs are of particular interest. Interest to this type of loans is prevailing in cities with population over one million, while in smaller cities such loans are in less demand. Ukrainians would basically get cash loans to buy major household appliances and house repair - 25, 2% and 23, 3% respectively.
Platinum Bank and Home Credit B. V. announce that the acquisition of PJSC “Home Credit Bank” (Ukraine) from Home Credit B.V. has been closed. All regulatory approvals from the National Bank of Ukraine and the Ukrainian antimonopoly office had been received.
Platinum Bank and Home Credit B. V. are pleased to announce they have agreed on a transaction according to which Platinum Bank shall acquire and Home Credit B.V. shall sell a 100% stake in PJSC “Home Credit Bank” (Ukraine) headquartered in Dnipropetrovsk. The transaction that the two parties signed is subject to regulatory approvals in Ukraine.
Platinum Bank was became the general sponsor of the 20th anniversary regatta "Dobruy Spomin" (25-26 September). "Dobruy Spomin" regatta was attended more than 70 boats of various types and classes led by the best sailors of the capital and the Kiev region. Guests of honor were Valentin Mankin, three-time Olympic Champion, Honoured Master of Sports of the USSR, now the head coach of Italy team; Sergey Pichugin, world champion in the class Soling, honored master of sports of Ukraine and Rodion Luka, a silver medalist in Athens, world champion in the class of 49er, honored master of sports of Ukraine.
Platinum Bank an international retail bank has appointed Tomasz Borowski as Operating Officer (Chief Operations Officer).Thomas will lead the Department of Operations, and become the member of the Board as an observer of the Board.
On the 13th of August the representatives of Platinum Bank continuing a good tradition visited their mentoring orphanages as well as large family in Kyiv. The bank's employees visited child care centers in Kharkov, Fastov, Boyarka and Kiev, passing three-month supply of diapers for each of the orphanages.
Platinum Bank presents its unaudited financial results under IFRS standards for the first half of 2010. As for the bank report the net income makes up 43.7 million UAH (annualized ROE 11%) against the first half of the last year, when the net profit totaled 26.2 million UAH. The net portfolio of consumer loans and cash loans increased by 28,5% and 72% in annual terms.
On the 30th of July, 2010 senior management of the bank conducted an improvement in the park of the National Institute of Cardiovascular Surgery. of M. M. Lomonosov. The entire leadership of the bank for several hours organized the order of a flower bed, planting flowers and painting benches for patients and their relatives.
Platinum Bank offers the service of remote consulting to its clients. Visitor of corporate website of the bank can make a request to be consulted as for the loan or deposit. Operators of the bank will provide a consultation within two business hours and on client’s request make an appointment in the bank’s branch.
On June 24th Platinum Bank appeared in social networks. The bank opens its page on Vkontakte, Facebook, Twitter, Livejournal, where the conversation will be conducted about how to handle money wisely, give financial advice and answer questions.
IMB Group Public Limited (herewith “Platinum Bank”) finished fiscal year 2008 with a consolidated net loss of $ 4.90 million compared with a consolidated net loss of $ 8.21 million in 2007. In addition, Platinum Bank finished the year with over $38 million in cash and cash equivalents and it’s Ukrainian bank subsidiary finished the year with over 68% banking capital adequacy.
In April 22, 2009 a general shareholders meeting of JSC «First All-Ukrainian Bureau of Credit Histories» took place. Platinum Bank is one of the shareholders of the Bureau. At the meeting Platinum Bank has been the most active participant in working with the Bureau in the transfer of credit information to the database of the Bureau, making queries to credit histories, as well as maximizing the use of other instruments of Credit Bureau in order to minimize credit risks, with this encouraging other market players to do likewise.
At April 14, 2009, a press-conference «Platinum Bank takes crisis in allies» took place, it was devoted to the official start of the process of Platinum Bank re-branding. The press conference was attended by Greg Krasnov, General Director of Platinum Bank, Elena Frankivska, Sales Director, Member of the Board of Platinum Bank and Todd Esposito, Finance Director, Member of the Board of Platinum Bank. Special guest was Natalia Yaresko, managing partner and co-founder of Horizon Capital, the main shareholder of Platinum Bank, that holds 31.4% stake in the bank.
At March 11, 2009 in accordance with the requirements of the new edition of the Law of Ukraine «On banks and Banking» CJSC «International Mortgage Bank» was registered as OJSC «Platinum Bank» in a single register of enterprises and institutions of Ukraine.In compliance with regulatory requirements of current legislation of Ukraine to the legal form of the bank coincided with the beginning of the process of rebranding CJSC «MIB». Thus, a shift to a new legal form and consolidate a new bank brand - Platinum Bank took place.
At February 25, 2009 Platinum Bank (formerly JSC «International Mortgage Bank») and the Fund for Eastern Europe open two computer classrooms, Kryviy Rig.The representatives of Platinum Bank and the Fund for Eastern Europe transfer to ownership the equipment, which was used by bank, to home-school #1 and the social organization «Shelter».