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National Bank of Ukraine included the IBOX BANK into the top 5 banks of Ukraine in terms of the amount of funds of legal entities

In August 2021, the ‘Ministry of Finance’ Ukrainian financial media published a study called “Money of the business in the first half of the year”. This study was intended to inform the audience about the main changes in the operations of banks with legal entities. According to the results of this study, the IBOX BANK transactional bank took 5th place in Ukraine in terms of the growth of the volume of funds of legal entities. The rating data is based on banking information posted on the website of the National Bank of Ukraine.

In its quarterly reports, the bank regularly reports on the growth of funds of legal entities. In the second quarter of 2021, this indicator increased 3 times compared to the same period in 2020 (from UAH 957.1 million in 2020 to UAH 2.89 billion in 2021), and in the first quarter of 2021, the growth reached the level of 30.8% in comparison with the first quarter of 2020.

“The development strategy of IBOX BANK as a transactional bank involves complex approaches to the work with legal entities to service their payments. Such important things as a favorable billing rate policy, high-quality technical integration, and support of partners give their results: our bank has been included in the list of the most trusted financial institutions by Ukrainian businesses. We are proud of this,” said Alona Shevtsova, a member of the Supervisory Board of IBOX BANK JSC.

We would like to remind the audience that in July 2021, IBOX BANK increased its authorized capital from 200 to 281 million UAH, and also launched Veocard, i.e. the first payment card in Ukraine for the non-bank market that was launched together with Moneyveo. In addition, the bank received the status of a key subscriber of the BankID system offered by the National Bank of Ukraine.


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