Platinum Bank occupied respectable places in mass media ratings – both regarding the offered products and regarding the bank’s reliability in the whole. The financial rating 2014 of the “Business” newspaper listed the bank in the nomination “Consumer’s Choice”: “For active and innovative strategy in the sphere of attracting deposits and providing loans to the population”
Within the framework of “Generous May” offer, Platinum Bank gives its clients the possibility to prolong their deposits beforehand, if their deposit term is due during the summer vacations, and also to receive additional profit. The clients will get +2% annual in UAH and + 1% annual in USD and EUR in addition to the standard interest rate in case they prolong their deposit agreements before the 29th of May.
Platinum Bank offers its clients, who hold Visa cards, to try a new service elaborated by the Visa company – an app Visa Explore. Now using a bank card becomes even more profitable, as now the card holder can easily find all kinds of special offers, including those within the framework of Visa Premium Offers programme – from tourism services to restaurants, entertainment and shopping – close to your location both in Ukraine and abroad.
Platinum Bank has published its annual financial report for 2014, in which are reflected the actual financial status of the bank as of the 31st of December 2014, as well as the results of its activities, the movement of funds and changes in the capital which took place within 2014. The report was drawn in accordance with the International Financial Reporting Standards (IFRS). Due to the general situation in the country, the bank closed 2014 with a loss of 506,733,000 UAH.
By 01.07.2015 Platinum Bank plans to increase the equity capital by 469.5 MIO UAH. Additional capitalization will take place via the shareholders’ investment of 150 MIO UAH into the equity capital of the bank and via the re-classification of subordinated debt into the share capital by 319.5 MIO UAH. Also, before 01.01.2016, the 4th stage of the capital increase by 330 MIO UAH will take place via the receipt of funds under the conditions of the subordinated debt.
Platinum Bank has expanded the functional of its mobile app – now the clients, using the smartphone with Android OS or iOS, can not only get info on the loan balance, but also make a repayment instalment with the help of Visa or MasterCard issued by any Ukrainian bank.
Platinum Bank announces the launch of cooperation with the trade mark “CreditMarket”. As a result of such partnership, the bank’s clients will receive a wider range of services, including the provision of loans to individual entrepreneurship entities (SPD), which is a new type of activities for Platinum Bank.
Platinum Bank announces receiving from the NBU a refinancing loan in the sum of 240 MIO UAH for the term of two years, which is aimed at supporting financial safety and strengthening the bank’s position in the market. As collateral for the refinancing loan was provided real estate property of Platinum Bank. Collateral evaluation was done by the leading international auditing company, which met all the criteria stipulated by the laws and regulations of the National Bank of Ukraine.
Platinum Bank expands the service package for its clients, offering various types of insurance for purchase. The client makes a one-time payment in the sum of 49 UAH or more and thus acquires an annual insurance with the total coverage sum up to 30,000 UAH.
Platinum Bank has successfully passed the regular check-up of the Guaranteed Deposits Fund, which was carried out from the 2nd till the 20th of February 2015. The bank meets all the requirements for the Fund’s membership. Positive results of the check-up prove the bank’s reliability and serve as an indicator of its stability for both partners and clients.
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».