As of March 31, 2017 Piraeus Bank met all normative requirements of the National Bank of Ukraine including the capital adequacy ones with a regulatory capital of UAH 465.7 mio and a capital adequacy ratio of 46.73% (minimum requirement is 10%).
The Bank continued to be in a very strong liquidity position meeting all liquidity ratios, which are the main indicators of the Bank’s ability to meet its obligations:
“Based on the financial results of the first quarter of 2017, it is evident that Piraeus Bank is successful in its effort to further expand its business judging from the increased net loan portfolio, net interest income and net commission income. Simultaneously the Bank remains one of the most highly capitalized and liquid Banks in the Ukrainian Banking System, a fact that provides the basis for further prudent development of the Bank in the future,” commented Zenzefilis Nicholas, deputy chairman of the management Board of Piraeus Bank.
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.