News of the Bank

Total turnover of acquiring network of PRAVEX-BANK for the first quarter of 2008 exceeded UAH 35 m.

In accordance with results of work for the first quarter of 2008 PRAVEX-BANK shows considerable increase of acquiring network indexes. Thus, total turnover of bank's acquiring network since the beginning of the year exceeded UAH 35 m that in its turn, exceeds index of analogous period of 2007 on UAH 10 m or on 40%. Bank's acquiring network counts about 500 trade POS-terminals at the moment.

Such results are reached due to popularization of plastic cards settlement among clients of PRAVEX-BANK as well as employees of trade points. PRAVEX-BANK constantly trains tellers, explains convenience and privilege of payment acceptance on plastic card before cash form of settlement. It is necessary to note that bank develops acquiring network not only quantitatively but first of all qualitatively. In terminals locations of PRAVEX-BANK there is only new high-quality equipment of one of the leading producer of terminal equipment that able to accept chip cards for payment. 

"PRAVEX-BANK is one of the biggest retail banks due to this fact much attention is paid to development of regional network of outlets as well as acquiring network development. Results reached by PRAVEX-BANK allow forecasting that in whole, turnover in acquiring network for 2008 will exceed UAH 150 m. In its turn, it confirms high level of services provision by bank and shows decent reputation of PRAVEX-BANK at banking services market of Ukraine", — comments by Yuriy KHAYEV, Head of Plastic Cards Department.

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