An effective pension system requires more than just a legal framework and financial literacy — it also depends on a reliable infrastructure for the safekeeping and management of non-state pension fund (NPF) assets. One of the key components of this infrastructure is custody services — the professional safeguarding of assets with robust control, reporting, and transparency mechanisms. 

Piraeus Bank is among the leading financial institutions in Ukraine that provide custody services to institutional clients, including pension funds, insurance companies, and investment funds. The bank has well-established internal processes, experience, and control systems that meet the highest standards, making it a trusted partner in the implementation of pension reform in Ukraine. 

As the long-term savings market grows, Piraeus Bank has taken a leading position among custody providers for the top players in the non-state pension sector. The bank services 50% of the non-state pension funds in Ukraine. 

Moreover, Piraeus Bank services nearly half of all NPF assets in Ukraine that are held in custody accounts. In other words, 48% of all non-state pension fund assets that are required to be kept in specialized banks are under the custody of Piraeus Bank. This reflects the bank’s leadership in this segment, the high level of trust from the market, and the efficiency of its custody services. 

“Pension reform creates new opportunities for private banks to engage in long-term capital management and helps build a modern institutional infrastructure for Ukraine’s financial market,” — said Iryna Stakhurska, Member of the Management Board of Piraeus Bank. 

The changes in the pension system demand a professional approach, and trust in the custodian bank becomes the foundation for the stability of future payouts. Piraeus Bank Ukraine affirms its readiness to be part of this important process, ensuring the reliability, transparency, and effectiveness of asset custody. 

For institutional investors interested in cooperation, Piraeus Bank offers a personalized approach, flexible solutions, and full support at every stage of the partnership. 

For custody service inquiries, please contact our depository department: 
 
 📧 custody@piraeusbank.ua 
 📞 +38 044 495 88 88, +38 044 593 75 23