New pravleniia nationalized PrivatBank has developed a strategy for the development of financial institutions. About it has told on a press-conferences the head of the Board of “Privat”, the former Minister of Finance of Ukraine Oleksandr Shlapak.
“We see this development strategy as a unique savings Bank of our state as the best state Bank of Ukraine. We plan to work mainly with individuals, physical persons-entrepreneurs, small and medium business”, – said Shlapak.
“One of the main objectives pursued by the Bank – customer training… We would like that our clients have owned our own technology along with us,” – said Shlapak.
According to him, PrivatBank has no plans to work on a large project, however, if the government were to make any suggestions they will be considered.
Shlapak said that after “Private” formed reserves, losses from previous periods amount to 135 billion, so now the main task – to finish 2017 with a profit, and subsequently begin to create positive development.
In addition, PrivatBank at the end of January put out more than 2.3 billion hryvnia refinancing of the NBU. Fully pay off the loans from the NBU in the Bank plan before the end of 2018.
According to the head of the Board, PrivatBank will be able to add more than 11 billion passive base for physical persons, and also to collect liabilities due to payroll. According to Shlapak, the Bank plans to increase the number of salary projects from 60% to 75%.
Loan program for PrivatBank intends to increase its portfolio by about UAH 10 billion, RS 5 billion of which is for small and medium-sized businesses.
“One of the main objectives pursued by the Bank – customer training… We would like that our clients have owned our own technology along with us,” – said Shlapak.
In addition, in the future, the Board of the Bank intends to develop the technology and introduce new services. Also PrivatBank plans to expand the network of terminals and points, to open 60 new branches and move the old 100 and create one million jobs under the program “successful business”. At present, there are about 300 thousand jobs, said Shlapak.
One of the areas of the Bank will be increased work with the budget and local programs.
As you know, the PrivatBank management changed in December 2016 due to the nationalization of financial institutions. The decision of the NBU and the Cabinet of Ministers explained the need, as the Bank was in a difficult position – in particular due to the high share of loans issued to related parties. In turn, the former owner of the Bank Igor Kolomoisky believes that PrivatBank was the victim of arbitrariness.
