Kredobank is a universal bank in Ukraine with over 111 branches.
First Vice President of the Management Board, Polish
We specialize in serving retail clients and small and medium sized enterprises (SME). In our home region of Lviv, we are a market leader across all client segments and we are the leader nationwide in car financing. Although overall conditions for banking in Ukraine are challenging, in the last 3 years we experienced solid business expansion coupled with growing profitability.
PKO Bank Polski SA decided to acquire KredoBank in 2004. Since then, we lived through two economic and market crises of a magnitude unseen elsewhere in Europe so the original reasons for entering Ukraine are less relevant than what is clearly apparent and justifying our presence today – a large, under-developed banking market with SMEs showing a lot of positive dynamics and under-leveraged retail clients.
For those considering doing business in Ukraine, getting lost in process is easy, so it is important to remind oneself about the long-term perspective.
One of my favorite things about being in Ukraine is the small pleasures of socializing.