Minfin has included Piraeus Bank in their TOP-20 listing of the most robust banks for Q2, 2019, which has been based on official and open source information analysis.
According to the methodology, financial institutions were rated by being assessed in various indicators in 3 groups: the bank’s resilience to stressed economic environment, the loyalty of depositors and the evaluation of analysts.
The stress resistance of the bank (the ability to withstand internal and external shock economic) comprised indicators such as: the dependence on private individuals deposits, the quality of funding, the profitability and liquidity, the capital adequacy and the range of activity.
The depositor loyalty indicator was related to the bank's clients commitment to their deposits and the success of the bank's activity in the retail segment of the deposit market, determined by: the bank's share in the retail deposits market; the absolute and attributable growth of the retail deposit portfolio for the quarter; the experience in the market and the reputation for being reliable in meeting its obligations.
The analysts’ assessment of the robustness of the banks was formed based on a survey among analysts representing reputable investment companies such as Dragon Capital and ICU, as well as the rating agencies IBI-Raiting and Expert-Rating.
Dear customer,
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.