Piraeus Bank entered the TOP-6 of reliable Ukrainian banks with foreign capital and the most favorable terms of deposits in national currency for a period of 3 and 6 months, published by the business weekly “Personal account”. Along with Piraeus Bank another 14 banks with foreign capital participated in the rating, stated the press service of the Bank with reference to the publication.
According to the business weekly’s opinion, the most favorable terms in Piraeus Bank has deposit “European online” with interest rate of 23% per annum for 6 months term. For customers, who want to replenish deposit, the experts noted “European deposit online with replenishment” with interest rate of 20.5% per annum for 3 months term.
“We extended our existing deposits product line with “European” and “European with replenishment” deposits in mid-August this year and we are very pleased that the business edition noted in their ranking exactly these products. Editor's choice once again confirmed the popularity and demand for these deposits among our depositors. We provide our customers opportunity to get maximized income in the stable and reliable bank that is confirmed by reports of rating agencies and belonging to an international financial group Piraeus Bank”, – commented Ilias Mouzakis, member of the Board.
According to business weekly, the competitive advantage of foreign banks is the financial support of parent structures that consider long-term work in Ukraine and will not run a reputational risk and leave the Ukrainian market.
Earlier, the press service of Piraeus Bank reported that the Bank entered TOP-20 the most reliable banks in Ukraine according to the business magazine “New time”.
On July 21st, 2022, the National Bank of Ukraine introduced changes on the transactions and operations carried out abroad (outside of the territory of Ukraine) on Hryvnia (UAH) cards and accounts. Those new limitations are only related to operations, carried out abroad from UAH cards and accounts, whilst foreign currency cards and accounts have not been impacted from those restrictions. In detail:
UAH12.500 equivalent in foreign currency per 7 days from the first time of withdrawal. The limit is not calculated cumulatively.
UAH80.000 equivalent per calendar month for transactions at POS terminals (physical presence of card or NFC technology on phone), purchases on the internet secured by full 3DSecure* and recurring payments**.
UAH20.000 equivalent per calendar month for the rest type of online transactions.