State Savings Bank of Ukraine

State Savings Bank of Ukraine
Public Joint-Stock Company
Founded Kiev, Ukraine, May 21, 1999
Revenue Increase ₴ 10 billion[1]
Increase ₴ 5.8 billion
Increase ₴ 1.1 billion
Total assets Increase ₴ 73.9 billion
Total equity Increase ₴ 17.4 billion[2]
Owner Government of Ukraine
Website www.oschadbank.ua/en/
Footnotes / references
All figures annualized for 2012

The public joint-stock company State Savings Bank of Ukraine or Oschadbank (Ukrainian: Ощадбанк) was established by Decree of the Cabinet of Ministers of Ukraine on May 21, 1999, N 866 through the transformation of its predecessor, the State Specialized Commercial Savings Bank of Ukraine into a Joint-Stock Company.

The State Savings Bank of Ukraine is one of the largest financial institutions of Ukraine. It has over 4500 branches throughout the country which carry out various functions, such as the disbursement of pensions, social aid, processing of utility payments and other banking transactions. Oschadbank is the only Ukrainian bank whose clients' demand deposits are fully guaranteed by state law.

See also

References

  1. ↑ http://www.oschadnybank.com/en/about/reporting/reports.php
  2. ↑ http://www.oschadnybank.com/en/press-service/news/18951/
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