Piraeus Bank won the nomination “Saving bank for the people” in frames of “Banks of the year - 2020” rating, in the category of banks which are part of an International Group and belong to the medium-sized and small banks.
(left to right: Ruslan Chornyi, chief editor "Financial Club", Sergii Naumov, CEO of Piraeus Bank in Ukraine)
The “Banks of the year” awards is an annual event, which takes place with the participation of the CEOs’ of the banks. More than 20 nominations are proposed to be awarded, based on the banks’ reporting data published by the National Bank of Ukraine.
Key indicators which are reviewed for the nominations are assets, deposits, loan to individuals and legal entities, quality of loan portfolios, profit & loss, etc.
Banks with Ukrainian capital, state-owned banks and banks with foreign capital are analyzed.
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.