During the second quarter, Piraeus Bank increased almost 3 times the number of transactions under the state program "5-7-9" compared to the first quarter of this year.
The program was initiated by the President and the Government of Ukraine and is being implemented with their support. The Program aims at supporting micro, small and medium-sized businesses.
The main objectives of the Program are the implementation of investment projects for business development, anti-crisis measures to overcome the effects of COVID-19 and refinancing of existing loans.
"Piraeus Bank is dynamically increasing the share of loans under the state program" 5-7-9% "and, as of early August, this figure is 45% of the total loan portfolio of small and medium-sized businesses. We are very optimistic for the program, as we have noticed high demand from customers. In Piraeus Bank we believe that thanks to this initiative, the volume of investments into the SME sector will be increased significantly, which in turn will contribute to the development of Ukraine’s economy,” commented Christos Bougiouklis, Member of the Board of Piraeus Bank in Ukraine.
Dear customers, starting today, August 16, 2022, all cardholders of Visa cards from Piraeus Bank have the opportunity to use the Apple Pay service...
Dear customers - cardholders of Piraeus Bank cards issued to accounts in UAH, please consider the following information:...
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.