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Piraeus Bank in Ukraine started to cooperate with the international payment system MasterCard.
20 September 2011

From September 1, 2011, holders of MasterCard (MasterCard Electronic or Maestro/Cirrus) cards that were released both in Ukraine and abroad, will be able to withdraw cash from Piraeus Bank’s ATMs. Furthermore, from October,1, MasterCard cardholders will be able to withdraw cash in Piraeus Bank branches.

"ATMs and POS-terminals of Piraeus Bank in Ukraine are certified to receive cards of international payment system MasterCard, equipped either with a magnetic stripe or chip, - said Oleksiy Panov, Piraeus Bank in Ukraine manager of cards division. - International payment system MasterCard ranks second in the world due to the number of the issued payment cards (about 26% of the total number of payment cards). Now, any holder of the card with the MasterCard (Cirrus/Maestro) logo can use a Piraeus Bank ATM or branch for cash withdrawal."

Olexiy Panov, Piraeus Bank in Ukraine manager of cards division: "From now on, MasterCard cardholders acn withdraw cash in the Piraeus Bank ATMs"

Today, Piraeus Bank in Ukraine has a network of 45 branches and 53 ATMs. Piraeus Bank is a member of the ATM network “ATMoSphera” that encounts more than 3900 ATMs in Ukraine. Piraeus Bank cardholders can withdraw cash in ATMs of the other banks that are the members of “ATMoSphera” network according to the lowered tariffs.

Note. Piraeus Bank is one of the major banking institutions of Southern and Eastern Europe with assets of EUR 57.7 bln and total equity of EUR 3.5 bln (as of 30.06.2011). Established in 1916, Piraeus Bank today has presence in Greece, Ukraine, Romania, Bulgaria, Albania, Egypt, Serbia, Cyprus as well as in the world financial centres of New York and London. Piraeus Bank S.A. leads Piraeus Bank Group, which consists of 10 banks and 21 companies covering the entire range of financial services.

In Ukraine Piraeus Bank provides a full range of banking services to individuals, small and medium enterprises and corporate clients. Business lending and mortgages are the bank’s priorities.
Piraeus Bank is a member of Association of Ukrainian Banks, Forum of Leading International Financial institutions (FLIFI) participant of the Fund of Guaranteeing the Deposits of Individuals. The Bank is also included in the list of banks authorized by the Pension Fund of Ukraine to make payments of pensions and financial assistance.

Piraeus Bank has the highest rating of deposits reliability provided by “Credit-Rating” Agency (grade “5”; last update took place on 06.09.2011), that shows the bank's capacity to make payments on existing deposits timely and in full. The Bank has «uaA» long-term credit rating with the forecast "stable" provided by “Credit-Rating” (updated on June, 21 2011). This long-term rating belongs to the group of investment ratings that is one of the highest ratings given to banks operating on the Ukrainian market.

Piraeus Bank Press Service in Ukraine
Andriy Sakhno
phone/fax: +38(044)495-8888
e-mail: asakhno(at)