After absorbing the good part of assets of Greek Agricultural Bank ATEbank the number of Piraeus Bank Group ATMs grew twice, up to 2300 devices in 7 countries.
The holders of Piraeus Bank in Ukraine VISA cards can withdraw cash from all Piraeus Bank Group ATMs according to favorable tariffs. Namely in Greece, Bulgaria, Egypt, Romania, Albania, Serbia and Cyprus the favorable tariff for cash withdrawal from the Group’s ATMs amounts to 0,5 percent from transaction sum (minimum UAH 15).
“Now it is much easier to withdraw cash on vacation or during business trip abroad, Oleksiy Panov, Piraeus Bank in Ukraine manager of cards division, said. – After absorbing ATEbank the number of ATMs grew by 900 in Greece and 60 in Romania. These countries are quite popular travelling destinations among Ukrainians”.
Olexiy Panov, Piraeus Bank in Ukraine manager of cards division:"After absorbing ATEbank the number of ATMs grew by 900 in Greece and 60 in Romania. These countries are quite popular travelling destinations among Ukrainians"
For detailed information about ATMs’ location please visit the bank’s web site or phone the call centre: 0 800 30 888 0 (calls from stationary phones within Ukraine are free of charge).
Note. Piraeus Bank Group is one of the major banking institutions of Southern and Eastern Europe with assets of EUR 74 bln, with credit portfolio of EUR 46 bln and loan portfolio of EUR 37 bln (after absorbing the good part of Greek Agricultural Bank ATEbank and 99,08% of Greek Geniki Bank’s total stake, as of 19.10.2012). Established in 1916, Piraeus Bank today is presented in 10 countries.
In Ukraine Piraeus Bank is established since 2007. The Bank is a member of Fund of Guaranteeing the Deposits of Individuals (license #25).
Net assets of Piraeus Bank in Ukraine amount to UAH 3.5 bln, share capital to UAH 1.628 bln, regulatory capital to UAH 894,7 mln as of 3Q2012.
Piraeus Bank has the highest rating of deposits reliability provided by “Credit-Rating” Agency (grade “5”; last update took place on 23.10.2012), that shows the bank's capacity to make payments on existing deposits timely and in full.
The Bank is a member of Forum of Leading International Financial institutions (FLIFI), 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.
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