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Piraeus Bank entered the TOP-3 banks- leaders of the card market in Ukraine — rating «Finance Oscar» by the magazine «Business»
17 June 2016

Piraeus Bank entered the TOP-3 banks-leaders of the card market in Ukraine, taking the 2nd place according to the rating «Finance Oscar» conducted by the magazine «Business».

«We are really grateful to «Business» for our achievements recognition. It is especially valuable for us to receive the award for business development for retail customers, while our bank primarily focused on working with small and medium businesses in its development strategy and operating activities. This means that we work professionally in all directions», — commented Piraeus Bank CEO Sergei Naumov, during the awards ceremony, which took place on June 15 in Kiev. «In particular, the bank has a high-quality card portfolio. The level of credit limits usage is almost equal to 30%, the share of payments in the trade and service network and Internet by all payment cards amounts to 45%. For comparison this average ratio for the whole market achieves just 19%. Factually I believe our product to be the one of the most attractive and profitable for customers on the market nowadays», — noted the Banker.

According to the publication («Business» № 24 (1219) on 13.06.2016), banks-participants assessment was based on a quite number of indicators. For most objective assessment magazine has involved independent jury, which consisted of representatives of the banking, insurance and investment markets, particularly K.Vorushylin, Managing Director of Fund of Guaranteeing the Deposits of Individuals, D. Leonov, Chairman of the Ukrainian Association of Investment Business, A. Hulyey, Chairman of the Ukrainian Interbank Currency Exchange.