Ukrainian banks in 2017 reduced the number of their operating structural units by 827, to 9,489 branches as of January 1, 2018, according to the National Bank of Ukraine (NBU) website.
Ukraine's state-run Oschadbank says that the funds confiscated from disgraced ex-president Viktor Yanukovych and his allies are stored in accounts of the State Treasury Service of Ukraine.
The National Bank of Ukraine (NBU) on December 13 allocated UAH 4.6 billion (US$165.1 million) for refinancing Ukraine's state-run Oschadbank and Ukrgasbank, and well as Alfa-Bank, according to the NBU website.
Ukraine's state-run Oschadbank and representatives of the European Investment Bank group – the European Investment Bank (EIB) and the European Investment Fund (EIF) – have signed a guarantee agreement worth EUR 50 million to provide loans to small and medium-sized businesses in Ukraine, according to an UNIAN correspondent.
Ukraine's wholesale electricity market operator, state-owned enterprise Energorynokhas attracted from Oschadbank a non-renewable credit line worth UAH 2 billion (US$73.4 million), the company said in the Prozorro electronic procurement system.
Profit of one of Ukraine's largest state-run banks, Oschadbank, in January-September 2017 grew by 9.3%, year-over-year, to UAH 448.757 million, or US$16.8 million, according to an announcement on the bank's official website.
The Supreme Court of Ukraine has upheld court decisions obliging ex-owner of the insolvent Delta Bank Mykola Lahun to compensate UAH 4 billion, or US$150 million, in favor of the state-run Oschadbank, according to the latter's press service.
Kyiv's Pechersky District Court has ordered Public Joint-Stock Company "State Savings Bank of Ukraine" (Oschadbank) to show bank accounts with money deposited by former Ukrainian president Viktor Yanukovych, according to an UNIAN correspondent.
The profit of one of the largest Ukrainian state-owned banks Oschadbank increased by 21.7% in the first half of 2017 (1H), to UAH 306 million, or US$11.8 million, according to the bank's website.
Nationalized PrivatBank has become Ukraine's second bank that will be able to handle the cash reserves of the National Bank of Ukraine (NBU) under authority of the latter, as well as provide regional banks with cash and take surplus from them, according to the NBU's website.
State-owned Oschadbank's branches resumed their usual operation mode on Monday, July 3, after a massive cyber attack on corporate and government networks in Ukraine on June 27, according to the bank's press service.
Chairman of state-run Oschadbank's board Andriy Pyshnyy says that his bank plans to provide a platform that will replace the Russian 1C accounting software, which was sanctioned by the National Security and Defense Council (NSDC) of Ukraine, according to Novoye Vremya Business.
Kyiv's Economic Court has declared invalid ten trademarks of Russian Sberbank's Ukrainian-based subsidiary, and therefore the bank cannot use its domain name, sberbank.ua, and the Sberbank trademark, according to the press service of the Savings Bank of Ukraine (Oschadbank in Ukrainian, Sberbank in Russian), which filed a suit to protect its Sberbank trademark.