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PUMB: ukrainian bank with private capital

PUMB Bank operates in Ukraine and is consistently ranked among the top ten and, by some indicators, among the top five banks in the country. It is the largest private bank with Ukrainian capital. SCM Finance owns PUMB; the owner is the well-known businessman Rinat Akhmetov, who controls SCM Group (System Capital Management) 100%. In addition to PUMB, this holding includes metallurgical, financial, energy and media companies.

History of the Bank

The bank's name is an abbreviation of the First Ukrainian International Bank. It is indeed one of the first banks — it dates back to 1991; initially, PUMB specialized in loans for industry, but later it became a universal bank.

From its foundation, the Bank relied on technology; in the early 90s, it was the first in the country to issue a plastic card, use satellite communications for transactions and introduce internationally recognised financial reporting. In 1998, the bank created its own processing centre.

In 2011, Dongorbank was acquired, after which PUMB entered the top 10 Ukrainian banks in terms of capital and has not left the top 10 since then. Later, in 2015, PUMB was acquired by Russia's Renaissance Credit, followed by Idea Bank in 2021.

Online banking was introduced in 2010 through the PUMB Online web version and applications for mobile devices with different tasks: PUMB Online for individuals and PUMB business for legal entities.

PUMB's financial performance and ratings

PUMB Bank is consistently ranked among the top ten Ukrainian banks by various key indicators:

  • Assets — UAH 115 billion,
  • Deposit portfolio — UAH 65.6 billion,
  • Number of clients — 1.7 million people,
  • Corporate clients — 104 000 legal entities,
  • Holders of salary cards — 400 000 persons,
  • Taxes paid to the budget (for 2022) — UAH 1.6 billion,
  • Number of branches — 221.

Achievements of the bank:

  • 1st place in the growth of term deposits of individuals.
  • it is included in the list of systemically important banks in the NBU list (15 banks).
  • one of 5 banks authorized to hold cash reserves of the National Bank of Ukraine.
  • the 5th place by the size of the deposit portfolio of individuals.
  • 5th in the country by the number of branches.

Ratings of PUMB:

  • NBU rating — 6th place;
  • Fitch Ratings — AA-;
  • Credit Rating — AAA.

PUMB is a gold winner of FinAwards 2023 for the Best Credit and Payment Card. In the same ranking, second place as the Best Bank for SMEs and Best Cash Loan.

The Bank is ranked 3rd in the rating "The Most Comfortable Bank of Ukraine" by Forbes magazine 2nd in Finclub's rating "25 Leading Banks of Ukraine".

Bank's features

PUMB's corporate customers are mainly agricultural enterprises and trade and food industry companies.

At the same time, the bank is constantly expanding its retail products and paying excellent attention to customer service. Visitors to the outlets are welcomed with the following:

  • self-service zones,
  • contactless technologies of currency withdrawal,
  • free Wi-Fi,
  • mitter-gritter.

In 2006, PUMB created the Radius ATM network (now it includes 36 banks), and the number of ATMs is 2600.

Pros of the bank:

  • active implementation of advanced technologies;
  • customer focus;
  • stability of the bank;
  • convenient mobile applications;
  • high-interest rates on deposits;
  • cash withdrawal from ATMs and transfers to other banks without commission;
  • good terms on loans.

Minuses of the bank:

  • a small number of cardholders;
  • insufficient branch network.

Exchange PUMB to e-currencies

On our site you can see the current exchange rates of PUMB UAH to other electronic payment systems.

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© BestChange.com – , updated 11/10/2023
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