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PJSC “Ukrsotsbank”, UniCredit Bank™, has started the issue of electronic student’s card on the base of Visa cards

04.12.2013

Starting from November, 2013 PJSC “Ukrsotsbank” that operates under the UniCredit Bank trade mark started the active stage of realization of project on issue of electronic student’s cards on the base of Visa international payment system cards.

Electronic student ticket is the modern instrument that has integrated the function of traditional student’s card and payment card with the high security level. The implementation of such instrument will provide student not only with capacities and benefits of common student ID but also will introduce young generation the advantages of international plastic card. Except function of scholarship calculation e-student’s card can be used for obtaining money transfers, cash withdrawal and deposits, payments in retail network in Ukraine and abroad as well as in Internet.

Currently project on providing Ukrainian universities with modern student’s cards is successfully implemented within Kharkiv Macroregion with the coverage of 3 Higher Education Establishments. In the nearest time financial institution plans to expand the territory of coverage of new tool for youth within all the country.

 

NOTE

Ukrsotsbank is one of the largest universal banks of Ukraine, operating in the local market since 1990. The bank offers full range of services to individuals and corporate clients.

The renovated Ukrsotsbank emerged on 31 October 2016 as a result of strategic deal whereby 99.9% of Ukrsotsbank shares have been transferred from UniCredit Group to ABH Holdings S.A. (АВНН) in exchange for a minority 9.9% stake in ABHH. Thus, the bank has combined 26-year-old traditions of Ukrsotsbank’s client-centric attitude, European quality of service inherent to UniCredit, as well as international banking expertise of ABHH in a number of European countries including CIS. Thanks to the successful synthesis and synergy of the two assets of ABHH in Ukraine, Ukrsotsbank and Alfa-Bank, the banking market of Ukraine will see the rise of a new stronger financial institution. This, in turn, will spur up technological advance, increase efficiency, improve quality of service for the clients, reduce cost of banking services whereas their range will inevitably expand.

The extensive retail network of Ukrsotsbank consists of 237 branches, its headcount reaching nearly 5 thousand employees.


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