News of the Bank

Financial news

Bank in MM

•31 march

Gold price can reach again USD 1000 per troy ounce in month and a half

Gold is considered to be reliable means of funds saving. For the last three years gold price showed constant growth at the world market.

•28 march

PRAVEX-BANK opened fourteenth subdivision in Kirovograd region

On March 26, 2008 Bilayivske outlet of PRAVEX-BANK was opened in Kirovograd, reported Roman Valesyuk, Senior Vice-Chairman of the Board.

•27 march

PRAVEX-BANK reached the semifinal of the bowling tournament of the Ukrainian interbank Association of “EMA”payment systems members

March 22, 2008 PRAVEX-BANK team participating in quarterfinal of III interbank bowling tournament, organized by Ukrainian interbank Association of “EMA” payment systems members, reached the semifinal.

•26 march

PRAVEX-BANK opened twenty-fifth subdivision in Polatva region

On March 21, 2008 Novoivanivske outlet of PRAVEX-BANK was opened in Kremenchug, Poltava region, reported Roman Valesyuk, Senior Vice-Chairman of the Board.

PRAVEX-BANK opened thirty-third subdivision in Donetsk region

On March 21, 2008 Novokramatorske outlet of PRAVEX-BANK was opened in Kramatorsk, Donetsk region, reported Roman Valesyuk, Senior Vice-Chairman of the Board.

•25 march

PRAVEX-BANK to be present at “Turtess-Expo Summer-2008” exposition

Since March 25 till March 27, 2008 PRAVEX-BANK is present at “Turtess-Expo Summer— 2008” organized by “Turtess-Travel” tour operator which is held at “AKKO International”.

PRAVEX-BANK paid UAH 3.1 m of interest yields for the second coupon period on bonds of “B” series

PRAVEX-BANK paid UAH 3.1 m of interest yields for the second quarter coupon period on bonds of B series issued by the bank in September 2007 for total nominal amount of UAH 100 m.

•24 march

PRAVEX-BANK reached 100 000th mark concerning the number of issued “Installment” credit cards.

Thanks to various advanced methods aimed at the development of “Installment” Credit card”, PRAVEX-BANK reached 100 000th mark concerning the number of issued “Installment” credit cards.

•21 march

Volume of international immediate money transfers in PRAVEX-BANK increased 42%

Volumes of money transfers via immediate money transfers systems in January-February 2008 increased 42% in PRAVEX-BANK in comparison with analogous period of 2007.

•20 march

PRAVEX-BANK extended special offer for goods acquisition in “Epicentre” distribution network

PRAVEX-BANK extended special offer for goods acquisition in credit which is organized together with “Epicentre” distribution network until April 30, 2008.

•19 march

PRAVEX-BANK approached 100 000 mark as regards the number of issued “Installment” credit cards

Thanks to loyal and attractive conditions of crediting, software selling, employees’ expertise as well as introduction of such services as “Credit+Card” and “Redemption Card”, PRAVEX-BANK approached 100 000 mark as regards the number of issued “Installment” credit cards.

•18 march

“Credit by phone” from PRAVEX-BANK

In March 2008, PRAVEX-BANK launched “Credit by phone” service allowing customers to get preliminary decision on consumer credit or credit card issuance without leaving home nor unnecessary time investing. To do this, the customer needs to send SMS on mobile phone number: +38(067) 548 57 75 indicating his/her name and surname, passport number, and ID and to get within 30 minutes preliminary decision concerning credit issuance.

•17 march

Every minute and half PRAVEX-BANK gives services to one client on Western Union transfers

Since the beginning of the year PRAVEX-BANK executed about 30 thousand of money transfers under Western Union system (as of the beginning of March 2008). Besides quantity of transfers increased on 28% in comparison with analogous period of 2007. Every minute and half PRAVEX-BANK gives services to a client under Western Union transfers.

•14 march

PRAVEX-BANK established forty-sixth subdivison in Dnipropetrovsk region

Prometeyivske outlet of PRAVEX-BANK in Dniprodzerzhynsk, Dnipropetrovsk region , was established on March 12, 2008 as reported by Roman Valesyuk, Senior Vice-Chairman of JSCB PRAVEX-BANK Board.

More than 350 000 persons used “PRAVEX-TELEGRAPH” service from the beginning of the current year

As of early March 2008, money transfers amount on “Pravex-Telegraph” service constituted UAH 1,5 billion which exceeds by 30 percent analogous index of the last year. During this period, more than 350 000 money transfers were performed via “Pravex-Telegraph” system. Thus, analogous period index in 2007 was exceeded by 65 percent. This high performance could have been achieved thanks to rate schedule extension and reduction of fee for “Pravex-Telegraph” service.

•13 march

PRAVEX-BANK is ranked as a leader of US$ car loans granting

PRAVEX-BANK stands first according to “Best US$ car loans” rating from “Lichny schet” magazine. This rating includes the analysis of such indices as interest rate, issue fee, monthly fee, maximum credit period, downpayment.

PRAVEX-BANK established ninety-second outlet in Kyiv

On March 7, 2008 PRAVEX-BANK opened “ALYE PARYSA” outlet in Kyiv, reported Roman Valesyuk, Senior Vice-Chairman of the Board.

•12 march

PRAVEX-BANK paid UAH 1,277 m. of interest income for the fifth coupon period on “A” series bonds

PRAVEX-BANK paid UAH 1,277 m. of interest income for the fifth quarter coupon period on its “A” series bonds, issued in December 2006 for UAH 50 m.

PRAVEX-BANK opened the thirty second subdivision in Donetsk region

March 5, 2008 Novoyenakivske outlet was opened in Yenakiyevo, Donetsk region, informed Roman VALESYUK, Senior Vice-Chairman of the Board.

•11 march

PRAVEX-BANK established twenty-fifth outlet in Kharkiv

On March 5, 2008 Lopatynske outlet of PRAVEX-BANK was established in Kharkiv, as reported Roman Valesyuk, Senior Vice-Chairman of the Board.

PRAVEX-BANK received certificate of Securities and Stock Market State Commission on “С” series bonds

March, 04 2008 Securities and Stock Market State Commission registered report about allocation of interest registered bonds of PRAVEX-BANK of “С” series and issued corresponding certificate about registration of №822/2/07 issue.

•7 march

Since the beginning of 2008 PRAVEX-BANK investors opened credit limits for the amount more than UAH 4,7 m. under “Credit against deposit” service.

Since the beginning of 2008 PRAVEX-BANK investors opened credit limits for the amount more than UAH 4,7 m. under “Credit against deposit” service. As of 01.03.2008 total amount of set credit limits on deposit cards, within PRAVEX-BANK service “Credit against deposit”, constituted UAH 11,8 m., that 16 times exceeds indicators of the analogous period of the previous year (as of 01.03.2007 they constituted about UAH 0,7 m.)

•6 march

In 2008 site of PRAVEX-BANK is visited by 5 thousand of internet-users at the average

Site of PRAVEX-BANK is very popular with users of the world Internet. Thus since the beginning of 2008 every day it is visited by 5 thousand people at the average.

•5 march

Instant and free of charge money transfer from one card account to another via ATM twenty-four-hour from PRAVEX-BANK

In March PRAVEX-BANK started special offer which allows every client to use quickly and free of charge the service of money transfer from one card account to another via PRAVEX-BANK ATMs network.

•4 march

PRAVEX-BANK broke new record on quantity of completed credit cards

In February 2008 PRAVEX-BANK broke new record on quantity of completed credit cards “Installment-Econom” — more than 23 thousand of cards per month that practically twice exceeds index of the previous month.

•3 march

Before the end of the current year, PRAVEX-BANK is going to increase car loans volumes by 60-70 %

Car loan service is going forward at a steady gait and is becoming more and more popular. To acquire a car in credit, right now, not postponing the purchase for tomorrow — is a very attractive possibility for modern Ukrainians who are not willing to waste time on long-term funds accumulation.