The best banks in Ukraine. Overview of leading financial institutions of Ukraine

The National Bank of Ukraine, the central bank of the country, controls all banks in Ukraine. The Central Bank of Ukraine is also responsible for stabilization of the national currency. It carries out state policy on the exchange rate, credit, money supply, and operations of other banks.

The stable forecast is based on the reduction of macroeconomic stability of the country and moderate level of state debt on the background of current problems in the field of management, improvement, although still at a higher level, susceptibility to external shocks and political risks.

For those who are considering a career in the banking sector of Ukraine, this list of the best banks in Ukraine is a good guideline on where to start.

PrivatBank

Founded in 1992, PrivatBank is the largest commercial bank in Ukraine by assets volume, the number of clients, credit portfolio and taxes paid to the state budget. It was also one of the first private commercial banks in the country and the first bank to issue debit cards and set up ATMs.

PrivatBank was nationalized by the government in 2016 to protect 20 million customers and support financial stability. The company, headquartered in Dnipro, delivers banking products and services through 2 240 branches nationwide and employs nearly 22,000 people.

• Net Profit: 24,56 billion UAH (2020)
• Total assets: UAH 382.64 billion (2020)

Oschadbank

Oschadbank, also called State Savings Bank of Ukraine, was founded in 1991 by the Ukrainian government. It provides a range of banking products and services through 3,650 branches with more than 38,000 employees.

In 2015 the National Bank of Ukraine classified the bank as systemically important. The classification is given to a bank or financial institution, the bankruptcy of which can lead to a financial crisis. Oschadbank is based in Kiev.

• Net profit: 2.78 bln hryvnia (2020).
• Total assets: UAH 233.60 bln (2020)

Ukreximbank

state-owned Ukreximbank with headquarters in Kiev was founded in 1992. It was also called State Import-Export Bank of Ukraine and was classified by the National Bank of Ukraine as a systemically important bank. It plays an important role in the financial sector of the country, providing and securing loans from foreign financial and banking organizations. The bank operates 22 branches, 38 operating divisions and employs close to 3125 employees.

• Net profit: -5.59 bln.
• Total assets: UAH 189.63 bln (3/2021)

Ukrgasbank

Having at its disposal a network of 278 branches, UkrGazBank offers a range of banking products and services to about 220,000 individuals and legal entities in Ukraine. Bank works in nine segments - corporate banking, small and medium business clients, private individuals (retail business), financial institutions and asset management.

Established in 1993, Ukrgasbank is headquartered in Kyiv and employs around 5,000 people.

• Net income: UAH 411.04 mln (2020).
• Total assets: UAH 130.73 bln (3/2021)

Sportbank

The bank does not have any branches, as it is a mobile bank, which is best for those who use gambling services. Founded the bank in 2014 by Nikita Izmailov N1, who was able to tell people that the bank without branches is a breakthrough method of accepting payments for any services of the banking sector. Bank offers many attractive products, working in several segments, including when working with individuals and legal entities.

• Net profit: -5,51 billion UAH (2020)
• Total assets: UAH 163.63 bln (3/2021)