News of the Bank

Financial news

Bank in MM

•31 january

PRAVEX-BANK started to perform hungarian forints and slovak kronas exchange

Since 2008 PRAVEX-BANK enlarged currency range which exchange is offered in bank’s outlets. Thus, since January PRAVEX-BANK started to perform Hungarian forints and Slovak kronas exchange in outlets of Trans-Carpathian region. It was caused by demand of Bank’s clients living in frontier regions, at the exchange of these currencies into hryvnia.

•30 january

PRAVEX-BANK acquiring network increased up to 36%

In accordance with the work of 2007 PRAVEX-BANK shows considerable increase of indexes of acquiring network. Thus, total turnover of Bank’s acquiring network for the last year exceeded UAH 107,5 m., which in consequence exceeds the index for 2006 by UAH 32 m. or by 42%. Bank’s acquiring network for the last year increased by 36% and for today counts about 500 trade POS-terminals.

•29 january

Draw up a deposit — get a flat from PRAVEX-BANK!

Since 25 January till 31 May 2008 PRAVEX-BANK performs unique action “Flat in gift”. Any client who has drawn up or reissued deposit in PRAVEX-BANK for 3 months or more can take part in it.

Awarding of deposit action winners in honor of PRAVEX-BANK 15-th anniversary will take place on 31 January

Please, note that “Deposit action in honor of PRAVEX-BANK 15-th anniversary” was performed since 17 November till 31 December 2007. Within this action all clients having drawn up and reissued current banking deposit in PRAVEX-BANK for 3 months or more, had opportunity to win prizes. The winners of action have been already determined, they will get 15 monetary certificates amounting to UAH 1 000, 15 monetary certificates amounting to UAH 500 and 15 monetary certificates amounting to UAH 200, and also the main prize-DAEWOO Lanos car.

•28 january

PRAVEX-BANK increased money transfer turnover under MoneyGram system almost in 4 times.

In 2007 PRAVEX-BANK performed more than 20,5 thousand of money transfers under MoneyGram international instant money transfers, having increased transfers volume almost in 4 times in comparison with 2006.

•25 january

PRAVEX-BANK presented to its VIP-clients elite payment cards and 20% discount in “Mirovaya Karta” restaurants network

In honor to its 15-anniversary PRAVEX-BANK presented its VIP — clients — 1500 elite payment cards of Gold and Platinum levels, which services during a year will be provided under special conditions — free of charge.

•24 january

More than 70 thousand clients drew up credit cards of PRAVEX-BANK

For 2007 PRAVEX-BANK issued more than 70 thous. of cards with credit lines, and total credit portfolio on issued cards as of 01.01.2008 constituted more than UAH 164 m.

•23 january

PRAVEX-BANK and trade network of stores “FOXTROT-TELECOM” announce action start

PRAVEX-BANK and trade network of stores “FOXTROT-TELECOM” announce unique action start on consumer credits issue. Action crediting term constitutes 10 months, interest rate is just — 0,01% of annuals, monthly fee for settlement service at consumer crediting constitutes from 1,6% to 2,25%. Unique character of this offer is that settlement fee is decreased depending on amount of clients’ initial payment.

•22 january

PRAVEX-BANK opened 89 new outlets in 2007

In 2007 PRAVEX-BANK opened 89 new outlets in all the regions of Ukraine. New outlets increase in regions is as follows: 27% of new outlets were opened in Western region, 21% — in Central, 20% — in Southern, 17% — in Eastern and 15% — in Northern region of the country.

•21 january

Draw up a consumer credit in PRAVEX BANK without income sertificate by 9 march

By 9 March of current year in shops of trade networks “Life”, “Unitrade”, “Vicotec”, “Mobilochka”, “ALLO”, “MobiDik”, “Melophon”, “Euronet”, “Foxtrot-Telecom” and “Citrus” there is performed action on consumer credits provision from PRAVEX-BANK. During action it is possible to draw up credits on all types of goods, provided in networks.

•18 january

Amount of received payments of PRAVEX-BANK increased on 58,5%

In 2007 PRAVEX-BANK received 12,4 m. of cash payments under “Payment reception” service, that 26% more than for 2006. Amount of received payments in 2007 increased in comparison with 2006 on 58,5%.

•17 january

PRAVEX-BANK together with partners offers to buy goods in credit without income certificate

By 9 March of current year in shops of trade networks “Life”, “Unitrade”, “Vicotec”, “Mobilochka”, “ALLO”, “MobiDik”, “Melophon”, “Euronet”, “Foxtrot-Telecom” and “Citrus” there is performed action on consumer credits provision from PRAVEX-BANK. During action it is possible to draw up credits on all types of goods, provided in networks.

•16 january

Plastic cards emission of PRAVEX-BANK exceeded 2 millions

In 2007 PRAVEX-BANK issued about 955 thousand of cards, and total amount of issued cards as of 01.01.2008 constituted more than 2,1 m. of pieces. Thus, index of increase of payment cards constituted 83%.

•15 january

In 2007 PRAVEX-BANK sold 15 tones of banking metals

•14 january

Now more than 1000 car loans per month are issued in JSCB “PRAVEX-BANK”.

In 2007 PRAVEX-BANK issued about 7,7 thous. of credits to individuals for car purchase for the amount about USD 97,5 m, that twice more than in 2006.

•12 january

PRAVEX-BANK opened twenty-fifth outlet in Luhansk

4 January 2008 there was opened Majske outlet of PRAVEX-BANK in Pervomajsk, Luhansk region, informed Roman VALESYUK, Senior Vice-Chairman of the Board.

•11 january

Silver “Sputnik” from PRAVEX-BANK

PRAVEX-BANK again replenished coin collection with 11 kinds from mints of New Zealand and Cambodia. Now coin collection of PRAVEX-BANK constitutes 4 000 and is represented by 200 kinds of various world mints: Chinese, Australian, German, Finish, Greek, British, Italian, Spanish, Liberian, South African, Austrian, French etc.

•10 january

PRAVEX-BANK issued consumer credits for the amount more than one billions of hryvnias

In accordance with results of 2007 under program “Goods and services in instalment”, PRAVEX-BANK issued 495 thous. of consumer credits and “Instalment”credit cards for the amount, exceeding one billion of hryvnias.

•9 january

50 000 borrowers became holders of “Instalment” credit cards from “PRAVEX-BANK

Pravex-bank implemented software which allows drawing up “Instalment” credit cards directly in points of issue of stores-partners.

•8 january

PRAVEX-BANK opened two more outlets in Kharkiv

28 December 2007 there were opened Shyroninske and Novosaltovske outlets of PRAVEX-BANK in Kharkiv, informed Roman VALESYUK, Senior Vice-Chairman of the Board. Now outlets network of PRAVEX-BANK in Kharkiv numbers twenty four outlets.

•4 january

Deposit portfolio of time deposit of PRAVEX-BANK increased on 34% since the beginning of 2007

Deposit portfolio of time deposits of individuals and legal entities of PRAVEX-BANK is increased by quick rates. Thus, since the beginning of 2007 it increased almost on 34% and as of 27.12.2007 constituted in hryvnia equivalent more UAH 2,7 b.

•3 january

“SMS-banking” service from PRAVEX-BANK used 10 000 clients

Due to clients’ base enlargement and new card products implementation (in particular, new types of credit cards), quantity of “SMS-banking” service users of PRAVEX-BANK is constantly growing and now it constitutes already 10 000.