Since October 3, 2011, business clients of Piraeus Bank in Ukraine can take the advantages of the new “Classic” tariff package. Special offer terms of the tariff package provide free opening and servicing of current account during the first two months from its opening, as well as free connection and servicing in the internet service Piraeus Online Banking (Internet-Client-Bank). In addition, the “Classic” tariff package provides favorable conditions for non-cash payments, cash transactions, corporate cards issuance, and flexible rates for foreign currency buy and sell.

"Servicing of small and medium businesses is one of the priorities of Piraeus Bank in Ukraine, so the bank pays considerable attention to improving of the existing and developing of the new competitive banking services – Pavlo Grusha, Piraeus Bank in Ukraine head of small and medium business division, said. – Cash services are an important part of banking services for business customers, that is why a new “Classic” tariff package provides flexible rates for transactions of foreign currency buy and sell (rate depends on the amount of foreign currency), loyal rates for non-cash payments and cash operations, favorable conditions for corporate payment cards issuance, free connection and servicing in the internet service Piraeus Online Banking (Internet-Client-Bank)”.

Pavlo Grusha, Piraeus Bank in Ukraine head of small and medium business division: "New “Classic” tariff package provides flexible rates for banking transactions, favorable conditions for corporate payment cards issuance, free connection and servicing in the internet service Piraeus Online Banking (Internet-Client-Bank)”.

“Classic” tariff package is the best solution for business customers that use the banking services on regular basis and want to receive a high quality service combined with flexible and competitive rates on banking services. To take advantage of favorable conditions of the new tariff package, business customers should apply for “Classic” tariff package till the end of 2011 in any branch of Piraeus Bank in Ukraine.

Note. Piraeus Bank is one of the major banking institutions of Southern and Eastern Europe with assets of EUR 57.7 bln and total equity of EUR 3.5 bln (as of 30.06.2011). Established in 1916, Piraeus Bank today has presence in Greece, Ukraine, Romania, Bulgaria, Albania, Egypt, Serbia, Cyprus as well as in the world financial centres of New York and London. Piraeus Bank S.A. leads Piraeus Bank Group, which consists of 10 banks and 21 companies covering the entire range of financial services.

In Ukraine Piraeus Bank provides a full range of banking services to individuals, small and medium enterprises and corporate clients. Business lending and mortgages are the bank’s priorities.
Piraeus Bank is a member of Association of Ukrainian Banks, Forum of Leading International Financial institutions (FLIFI) participant of the Fund of Guaranteeing the Deposits of Individuals. The Bank is also included in the list of banks authorized by the Pension Fund of Ukraine to make payments of pensions and financial assistance.

Piraeus Bank has the highest rating of deposits reliability provided by “Credit-Rating” Agency (grade “5”; last update took place on 06.09.2011), that shows the bank's capacity to make payments on existing deposits timely and in full. The Bank has «uaA» long-term credit rating with the forecast "stable" provided by “Credit-Rating” (updated on June, 21 2011). This long-term rating belongs to the group of investment ratings that is one of the highest ratings given to banks operating on the Ukrainian market.

On September, 13 2011, the Securities and Stock Market State Commission has registered the Piraeus Bank’s share capital increase by UAH 785 mio to UAH 1,628 bln. Due to the share capital increase, JSC “Piraeus Bank ICB” has one of the highest reliability level among the banking institutions operating in Ukraine.

Piraeus Bank in Ukraine Press Service
Andriy Sakhno
phone/fax: +38(044)495-8888
e-mail: asakhno(at)piraeusbank.ua