Prominvestbank, created in August, 1992 in accordance with all laws of independent Ukraine, continued with dignity traditions of their predecessors regarding investment-credit enlarged recreation of national production.
Prominvestbank has constantly enlarged and concentrated its resources on priority directions of economy development. The Bank credit resources increased 530 times over and at the beginning of 2203 were 5 milliard hrvn. Total Bank assets exceeded 1 milliard US dollars according to exchange rate. Bank funds were increased by 4,200 times and, taking in account created reserves, reached 1.2 milliard hrivnas. This is the largest fund among all Ukrainian banks which makes possible to give credit more than 200 million hrivnas to one borrower.
All these years the strategy of Prominvest Bank credit activity has been aimed at financing of production. This gave possibility to avoid a lot of risks and finance problems, common for those banks which were engaged into substitute operations with securities, interbank credits, speculative currency operations. During 10 years total sum more than 27 milliards US dollars has been invested into economy.The Bank credit portfolio increased by 650 times and reached 4.4 milliard hrivnas.
Every year about 10 thousand borrowers of all forms of property and economics branches use Prominvestbank credits. These are enterprises of fuel and energy complex, machinery, metallurgy and other economics spheres.
Prominvestbank is net, transparent bank which enjoys confidence of the residents of Ukraine and has irreproachable reputation in the world circles. 2,3 millions residents of Ukraine invested their savings for the total sum of 1.8 milliard hrivnas. In 2002 Prominvestbank, the only one among Ukrainian banks was included in the list of 1000 leading banks of the world and in 20 the biggest banks of Central and Eastern Europe.
Bank Site is pib.com.ua
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