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UniCredit Bank resumed work of services in full volume

24.02.2014

Bank returns to work in a regular mode with the stabilization of the situation in the country

Starting from February 24, 2014 UniCredit Bank’s branches in Kiev and in macroregions, besides the branch in Ivano-Frankivsk, which is located in a blocked “Epitsentr” store, are open and operate according to the fixed schedule.

At the same time, temporary restriction on cash withdrawal at UniCredit Bank’s ATMs, set by the decision of the Management Board of a financial institution on February 21, 2014, is canceled.

It should be recalled that due to the escalation of the political situation in Ukraine, four UniCredit Bank branches in Kyiv downtown, four in the western region were temporarily closed, while other Kiev branches of the bank worked in shortened work schedule. In addition, to provide all customers with cash in ATMs a restriction on cash withdrawals was introduced from 21 to 24 February 2014. The limit was set at the level of UAH 1 500 per card per day for bank’s customers and at UAH 500 for customers of other banks.

UniCredit Bank apologizes for any temporary inconveniences and hope for understanding of the customers.

 

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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