News of the Bank

Financial news

Bank in MM

•29 february

PRAVEX-BANK established fifth outlet in Kremenchuk

On February 26, 2008, PRAVEX-BANK established “Vodokanal” outlet in Kremenchuk as reported Roman VALESYUK, Senior Vice-Chairman of the Board.

•28 february

PRAVEX-BANK offers decreased rates of mortgage crediting on “Bank’s partner” program

PRAVEX-BANK started a new mortgage crediting program “Bank’s partner”. This program provides preferential terms of crediting for those clients that were attracted by bank’s partner — Real estate agency for mortgage crediting to draw mortgage credit in PRAVEX-BANK.

•27 february

Since the beginning of 2008, PRAVEX-BANK provided its clients with more than 130 opportunities for buying goods according to special offer conditions.

Since the beginning of 2008, PRAVEX-BANK together with stores-partners conducted more than 132 special offers regarding consumer crediting which is by 36 per cent more than in correspondent period of last year.

•26 february

PRAVEX-BANK is popular with pensioners

In 2007 more than 8,500 customers applied to PRAVEX-BANK for the purpose of accounts opening with the view to receive pensions and social aid, and since the beginning of this program launch (2001) the number of persons having used this service exceeded 44 000 people.

•25 february

4 days by the end of special offer from PRAVEX-BANK and “Epicenter” trade network for goods purchase in credit

PRAVEX-BANK together with trade network “Epicenter” performs action for purchase of goods in credit which takes place from 1 to 29 February 2008.

•22 february

By the end of 2008 PRAVEX-BANK is going to realize more than 60 tones of banking metals

Since the beginning of 2008 PRAVEX-BANK sold more than 9 tones of banking metals. It is important to note that as of present day PRAVEX-BANK sold more than semi-annual volume of banking metals of the second year (in 2007 volume of banking metals constituted 15 tones ).

•21 february

Wonders of the world in coins from PRAVEX-BANK

Cambodian mint series “Wonders of the world” deserves special consideration in PRAVEX-BANK coins catalogue.

•20 february

PRAVEX-BANK issued consumer credits for the amount more than UAH 3 b.

Since the moment of the first consumer credit issue (01.05.2001) and till 31.01.2008 PRAVEX-BANK drew 1,4 m. of consumer credits and credit cards “Instalment” for the total amount more than UAH 3 b.

•19 february

“Pravex-Telegraph” money transfers became cheaper

“Pravex-Telegraph” money transfers became more accessible. Paying just 0,8% of commission, PRAVEX-BANK clients can perform money transfer to any part of Ukraine, in national as well as in foreign currency.

•15 february

In the first half-year of 2008 PRAVEX-BANK is planning to attract syndicated credit for USD 50 m.

Being one of the biggest banks group PRAVEX-BANK is planning to attract syndicated credit at the amount from USD 50 m. in the first half-year of 2008. Bank is planning in such a way to use received funds for financing of credit programs development, including SME crediting, clients on trade financing. At this stage Bank announced public tender on selection of leading organizers with mandate (MLA).

•14 february

PRAVEX-BANK offers to use credit funds for 2 months with 0,1% of annuals

From 1 February to 1 April 2008 PRAVEX-BANK takes action within which salary cards holders are provided with opportunity to use credit means with separate credit card “Universal salary credit” with interest rate 0,1% of annuals during grace period which can constitutes maximum 60 days.

•13 february

1500 credit cards per day — new record from PRAVEX-BANK

12.02.2008 there was fixed absolute record on quantity of executed credit cards “Instalment — Econom” — 1500 pc. per day.

•12 february

PRAVEX-BANK finished earlier “C” series bonds allocation for the amount UAH 220 m.

11 February 2008 PRAVEX-BANK finished earlier “C” series bonds allocation for the amount of UAH 220 m. Allocation was performed together with underwriter of issue of JSB “ING Bank Ukraine”.

•11 february

PRAVEX-BANK opened the seventh outlet in Lutsk

5 February 2008 there was opened Cathedral outlet of PRAVEX-BANK in Lutsk, by Roman VALESYUK, Senior Vice-Chairman of the Board.

PRAVEX-BANK paid UAH 6,6 m. of interest income for the first coupon period on “C” series bonds

“We fulfill in time our obligations before investors and demonstrate PRAVEX-BANK’s reliability at open capital market”, — by Stepan CHERNOVETSKYY, Chairman of Supervisory Board.

•8 february

PRAVEX-BANK offers for “Kia Card” holders supplementary discounts on insurance, purchase of banking bullions and coins

PRAVEX-BANK offers supplementary privileges to holders of activated cards “KIA CARD” — opportunity to receive discounts in insurance company “Pravex-Strakhuvannya”, and such discounts on banking metals and coins purchase. Thus, such cards are provided with such discounts: on automobile insurance — 10% and expenses insurance on payment of extreme medical and other services during travel abroad — 10% (in case of drawing up of insurance agreement in “Pravex-Strakhuvannya” office); for banking coins purchase — 10%, on banking coins from 1 to 10 grams — 7%, on bullions from 20 to 50 grams — 5%, on bullions from 100 до 1000 grams — 3%.

•7 february

PRAVEX-BANK opened thirteenth outlet in Odessa

1 February 2008 Tyraspolske outlet of PRAVEX-BANK was opened in Odessa, as reported by Roman Valesyuk, Senior Vice-Chairman of the Board.

PRAVEX-BANK offers credit on goods at “Epicenter” trade network

PRAVEX-BANK together with trade network “Epicenter” performs action for purchase of goods in credit which takes place from 1 to 29 February 2008.

•6 february

DAEWOO Lanos automobile from PRAVEX-BANK found its happy possessor.

In accordance with results of action “Deposit action to 15th anniversary of ‘PRAVEX-BANK’ there were determined action winners that got 15 money certificates for the amount UAH 1000, 15 money certificates for the amount UAH 500 and 15 money certificates for the amount UAH 200, and also a winner that got the main prize -DAEWOO Lanos car.

•5 february

PRAVEX-BANK offers the most beneficial credits on car purchase in USD in accordance with ratings of “Personal account” magazine

PRAVEX-BANK took the first place in accordance with rating results “The cheapest credits on car in dollars”, published in February magazine “Personal account”. This rating includes analysis of such indexes as interest rate, commission for issue, monthly commission, credit maximal term, initial payment.

•1 february

PRAVEX-BANK opened the eleventh outlet in Vinnytsya

28 January 2008 Urozhayne outlet of PRAVEX-BANK was opened in Vinnytsya, in accordance with information provided by Roman VALESYUK, Senior Vice-Chairman of the Board.