Bloomberg News

Ukraine’s Privatbank to Open 200 Branches Next Year, Pikush Says

October 19, 2011

Oct. 19 (Bloomberg) -- PAO KB Privatbank, Ukraine’s largest lender, plans to add 200 branches next year as the country prepares to host the Euro-2012 soccer championship.

Privatbank, based in Dnipropetrovsk, wants to add 56 branches by year end, Yuriy Pikush, general vice-chairman of the bank’s board, said today in an e-mailed statement.

The bank, which lists 3,333 branches nationwide, added 150 outlets so far this year, Pikush said.

--Editor: James Kraus

To contact the reporters on this story: Kateryna Choursina in Kiev at; Daryna Krasnolutska at

To contact the editor responsible for this story: Balazs Penz at;

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