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UniCredit Bank increases the volume and the number of cashless payments by payment cards


UniCredit Bank continues to steadily increase the volume and the number of cashless payments by payment cards.

During 2013 the number of non-cash payments by UniCredit Bank cards increased by 32%, while the volume of payments increased by 28%. Already in I quarter of 2014, which was characterized by extreme economic and political instability, the volume of cashless payments was increased by 10%.

To support the development of the banking system as a whole and the direction of non-cash payments in particular, UniCredit Bank together with international payment systems Visa and MasterCard for more than eight months have been daily raffling 2 prizes of UAH 500 among its customers, and have already presented four tourist trips.

Anton Borozdin, Head of the Mass Market Segment in UniCredit Bank, said: "The main purpose of this initiative for UniCredit Bank is the development of economic literacy among people. By this we try to get clients accustomed to cashless payments, as they are convenient and fast. And which is most important - each non-cash payment by payment card is a personal contribution to the struggle against the shadow economy in our country. It should also be noted that given the popularity of promotional programs for our clients, it was decided to continue such initiatives. Starting from July 1 UniCredit Bank is launching a new campaign in support of non-cash payments and promises even more interesting gifts and new exciting journeys!"



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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