Public Joint-Stock Company Commercial Bank "Privatbank"

Business Focus
retail and corporate banking

PrivatBank is a subsidiary of Ukranian banking company PrivatBank. PrivatBank offers retail and corporate banking products and services to both domestic and international customers. After nationalization of PrivatBank (Ukraine) in December 2016, the banking license of the Cyprus branch was limited by the Central Bank of Cyprus. PrivatBank (Cyprus branch) is only engaged in the repayment or renewal of existing deposits and the acceptance of payments towards existing credit facilities, and the repayment of administrative expences relating to the operations of the branch.

Bank Category

Branches of foreign banks

Services

retail banking
corporate banking

Clients

natural persons
legal entities

Area Served

CYCyprus
internationally

Products

current accounts
payment cards
savings accounts
time deposit accounts
consumer loans
business loans

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

Ways to Bank

Public Joint-Stock Company Commercial Bank "Privatbank" delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Deposit Guarantee Fund for Banks
Covered Depositors
natural persons (domestic and foreign)
legal entites (domestic and foreign)
Covered Accounts
all accounts

Public Joint-Stock Company Commercial Bank "Privatbank" participates in the deposit guarantee scheme of Cyprus. This deposit guarantee scheme applies to all accounts made by natural persons (domestic and foreign), legal entites (domestic and foreign) and covers up to up to 100,000 EUR per bank per depositor. Public Joint-Stock Company Commercial Bank "Privatbank" is a member of Deposit Guarantee Fund for Banks and makes its contributions into it.

Headquarters

Commercial Bank PrivatBank ZAO (Ukraine)

Public Joint-Stock Company Commercial Bank "Privatbank" operates as a branch of Commercial Bank PrivatBank ZAO (Ukraine).

Contacts

52A, Arch. Makarios Avenue, 1075, Nicosia, Cyprus

Public Joint-Stock Company Commercial Bank "Privatbank" is located in Nicosia.

Bank Identifiers

BIC (SWIFT)
PBANCY2N
MFI ID
CY120018

Bank History

Previous Name
Privatbank Commercial Bank

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