News of the Bank

Financial news

Bank in MM

•27 june

Buy banking metal — get “Instalment-Econom” credit card

Due to popularity of consumer crediting service in whole, and “Instalment-Econom” credit card in particular, in June of 2008, PRAVEX-BANK implemented new direction — “Instalment-Econom while banking metals buying”.

•26 june

PRAVEX-BANK opened new outlet in Kyiv within the network of “PANORAMA GROUP” trade and entertainment centres

These days, Novodniprovske outlet of PRAVEX-BANK was opened in “Sky Mall” trade and entertainment centre owned by “PANORAMA GROUP” company at the following address: 2, Vatutina Av., Kyiv (First floor).

•25 june

PRAVEX-BANK efficiently implements “Credit at home” super service

Hundreds of clients have already used “Credit at home” service from PRAVEX-BANK and appreciated all benefits of instant credit card issuance without leaving the house or work place. This card allows to withdraw cash from ATMs as well as to pay with no limitations in shops.

•24 june

Seven days left by the end of “Zero Fly” special offer from PRAVEX-BANK in “Mobilochka” trade network

From June 6 to June 30, 2008 PRAVEX-BANK together with “Mobilochka” trade network undertakes “Zero Fly” special offer for “Fly” mobile phones purchase (SX300, SX305, SX310, SX210, MP600 phone models) in credit with 0.001 p.a. interest rate.

•23 june

Carefree holiday with PRAVEX-BANK

This is summer time and this is holiday season. But holiday is holiday! Unexpected expenditures can cause certain difficulties that is why it is worth thinking over how to earn carefree and financially secure holiday.

•20 june

Use the privileges of PRAVEX-BANK pension (social) cards

At present PRAVEX-BANK “Pension card” includes not just pensioners’ servicing but social payments receivers’ servicing, for example, assistance for child care, pregnancy assistance, delivery as well as many other kinds of social payments financed by Labour and Social policy Regulations.

•19 june

PRAVEX-BANK registered amendments to Bank’s Statute about authorized capital increase

On June 13, 2008, following previous close (private) stock placement and authorized stock increase, PRAVEX-BANK registered relevant amendments to Bank’s Statute with state register. Bank’s authorized capital amounts to UAH 491,499,139.

•18 june

PRAVEX-BANK increased interest rates on deposits of individuals and legal entities

At the beginning of June PRAVEX-BANK increased rates on deposits of individuals: in USD on average 0,5%, then maximum level of interest rates in this currency increased by 12% p.a.; on deposits in EUR — on average 0,6%, and maximum rate increased by 11,5%; in national currency — on average 0,9% (maximum level of profitability — 18% p.a.).

Only in May 2008, PRAVEX-BANK issued about 1,200 car credits

In May 2008, PRAVEX-BANK issued about 1,200 retail credits for car purchase for the amount of USD 15.8 million, twice as much as in May last year.

•17 june

Learn about your indebtedness in PRAVEX-BANK Call-center

PRAVEX-BANK implemented new service in voice menu of Call-center that allows clients to check automatically availability and amount of indebtedness under their consumer credit.

•13 june

PRAVEX-BANK offers credit in “ALLO” trade network

PRAVEX-BANK together with “ALLO” trade network performs special offer for non-interests purchase of mobile telephones of “Fly” trade mark in credit, which will last till the 10th of July, 2008.

•12 june

PRAVEX-BANK paid UAH 1,291 m of interest income for the sixth coupon period on “A” series bonds

PRAVEX-BANK paid UAH 1,291 m of interest income for the sixth quarter period on its “A” series bonds issued in December 2006, with total par value of UAH 50 m.

•11 june

PRAVEX-BANK opened one more outlet in Mykolayiv

June 11, 2008 Morske outlet of PRAVEX-BANK was opened in Mykolayiv informed Olexiy Shershnev, Head of PRAVEX-BANK second class outlets network development Department.

•10 june

From the beginning of current year PRAVEX-BANK issued consumer credits for the amount exceeding UAH 443 m

From the beginning of current year PRAVEX-BANK drew up 213,545 consumer credits and “Installment” credit cards for an aggregate total exceeding UAH 443.8 m.

•9 june

“Zero Fly” special offer from PRAVEX-BANK in “Mobilochka” trade network

From June 6 to June 30, 2008 PRAVEX-BANK together with “Mobilochka” trade network undertakes “Zero Fly” special offer for “Fly” mobile phones purchase (SX300, SX305, SX310, SX210, MP600 phone models) in credit with 0.001 p.a. interest rate.

•6 june

PRAVEX-BANK performed 23% more transfers under UNIStream system

In May 2008, PRAVEX-BANK’s clients performed 23% more transfers under UNIStream international money transfer system in comparison with a previous month. Stable tendency of UNIStream money transfer increase with PRAVEX-BANK is observed every month 2007.

•5 june

PRAVEX-BANK offers co-branding payment and discount card “BIOCON-card”

PRAVEX-BANK together with OJSE “BIOCON” pharmacy association and LLC “SLUKH” offers joint project — co-branding payment and discount card with possibility to set credit limit and to make settlements in trade points within Ukraine and abroad.

•4 june

PRAVEX-BANK opened the ninth outlet in Lviv

May 29, 2008 there was opened Grushevske outlet of PRAVEX-BANK in Lviv, informed Roman VALESYUK, Senior Vice-Chairman of the Board.

•3 june

WESTERN UNION cuts rates again, and PRAVEX-BANK’s customers can now get cheaper money transfers

Western Union, one of world leaders in the sphere of money transfers, declares rates decrease for money transfers exceeding 15,000 roubles or 600 US dollars from Russia to Ukraine.

•2 june

“Instalment-Econom” credit card from PRAVEX-BANK — money for clients in 15 minutes

Due to consumer crediting service popularity in whole and “Instalment-Econom” card in particular, PRAVEX-BANK set 38 points of issue in shops of “Velyka Kyshenya” network as well as 15 points of issue in shops of “Epicenter” network that are specialized in credit cards drawing up.