Banks operating in Ukraine have recently massively stopped the work of their branches in various regions of the country, or even closed them altogether. This process began before the full-scale war, but since 2022 it has been progressing faster.
Ukrainian banks are massively stopping the work of their branches throughout the country – today.ua. This, in particular, is stated in the data published by the National Bank of Ukraine.
Thus, according to NBU information, there are currently 5,957 branches of various banks in Ukraine. However, 872 of them, which is almost 15% of the total number, have the status of «temporarily suspended». Thus, there are only 5085 «live» bank branches in total today. In addition, during the first half of the year, banks reduced (closed for good) 53 branches.
The leader in terms of the number of branches today is Oschadbank, which has state status. It has 1175 branches. But at the beginning of the year there were more of them. In the first half of the year, the bank closed 7 of its branches.
The second step is occupied by another state financial institution – PrivatBank, which currently has 1175 operating branches. And in general, since the beginning of 2024, this largest Ukrainian bank has finally gotten rid of 12 branches, and another 76 branches have now suspended their work indefinitely.
Ukrainian banks are massively shutting down their branches across the country. The top five in terms of branches include three more banks. But they leave by a significant margin from the two giant leaders. In particular, these are the following banks:
- Raiffeisen Bank – 331 branches (1 closed);
- privat FUIB – 223 branches (it even had 2 more branches);
- Ukrsibbank – 222 branches (1 branch has closed).
