PRAVEX-BANK’s key strategic area for development operates as a multi-functional financial institution that provides a full range of both retail and corporate banking services. PRAVEX-BANK has gained public recognition and can now be proud of its achievements, which have made the PRAVEX-BANK brand a symbol of trust and reliability. Having been on the Ukrainian banking market for over 15 years, every year PRAVEX-BANK becomes increasingly available, convenient and closer to all its potential clients and partners in terms of both its high service standards and its geographic reach. The Bank was able to achieve these results through the creation of a very large network of offices and branches throughout Ukraine, and as a result, the Bank ensures the maximum proximity of banking services to each client. The Bank has over 588 directorates and outlets both in the Kyiv region and in all Ukrainian regions, including the Autonomous Republic of Crimea.
Headquarters:
Kyiv, Ukraine
Telephone:
8 800 500 4 500
Founded:
1990
Site:
www.pravex.com/eng/
ID: 1032. Updated: 12.05.2004
Pravex Bank :: Press Releases
03.07.2009 More than 30,000 grams of precious metals were purchased with a discount according to results of work for April 2009. More
Business and Financial News
French Bank to Repay Government Bailout - 14.10.2009 Crédit Agricole, the French bank, said Wednesday that it would repay the €3 billion of debt the government bought last December, becoming the latest big bank to pay back a bailout. Source: New York Times
Card fraud in the UK falls by 23% - 08.10.2009 The amount of money being lost through card fraud fell by 23% in the first half of the year in the UK, as criminals changed their strategies and prevention measures began to take effect, according to figures published today. Source: Guardian.co.uk
The trend: large banks will acquire smaller banks - 18.09.2009 KBW Inc., the New York-based boutique that advises financial institutions, expects 500 to 1,000 U.S. banks to fail by 2011, Chief Executive Officer John Duffy said. Source: Bloomberg
Colonial Banc Group declares bankruptcy - 15.08.2009 Colonial became the largest US bank to fail this year after it was declared bankrupt and had the bulk of its assets taken over by rival BB&T, the government banking insurer said Friday. Source: Agence France-Presse
Fighting economic crisis in U.K. - 27.07.2009 Current economic difficulties in U.K. were caused by global financial crises and have resulted into the following changes in the country's economy in 2007-2008: Source: BanksDaily.com
The European Central Bank injects €442 billion into banking system - 25.06.2009 The European Central Bank (ECB) allotted €442 billion to banks for 12 months, the biggest amount it has ever given in a single auction. The amount was more than most economists had expected. Source: RTTNews