OTP Bank opened a Private Banking branch in the center of Kyiv after renovation
The grand opening of the Private Banking branch of OTP Bank took place on August 30, on Sofiyivska Street, 12 in the Shevchenkivskyi district of Kyiv. Clients of the renewed branch can open accounts in precious metals, become members of the investment funds of AMC "OTP Capital" and invest in IGLBs, Eurobonds, shares of foreign companies in international markets.
“We are expanding our Private Banking, as physical service and the ability to communicate around the clock with a personal manager are very important to our premium customers. They are looking for a reliable assistant who will not only help to solve current financial issues quickly, but also, for example, predict where it is better to invest money, will offer an individual solution. Through the comfortable communication with the client, trust is formed between the client and the bank, the basis of a successful and long-term partnership," said Volodymyr Mudryi, CEO of OTP Bank, at the opening ceremony.
As Alla Frolova, head of the Sofiivske outlet, noted, “the branch will offer customers the highest level of service, security and absolute confidentiality. We have a convenient location – in the heart of the capital, and provide maximum comfort".
According to the head of Private Banking department of OTP Bank Viktoriia Myslyva, the bank is developing this area on the model of Swiss financial institutions. "In our business model, Private banking is, first of all, investment consulting and individual decisions," she said. Thus, OTP Bank is currently the only bank in Ukraine that offers customers the purchase of shares of international companies, including from the DJ and S&P500 indices in international markets. "Today, in the context of lowering interest rates on foreign currency deposits to almost 0% and rising inflation in the United States, buying shares of companies whose prices are constantly rising is the best investment. It will definitely be interesting for the clients of the Sofiivske branch,” V. Myslyva said during the event.
The services of OTP Bank's Private Banking branches, Ukraine, were developed based on the OTP Bank Group's many years of successful experience in providing Private Banking and Wealth Management services in Central and Eastern Europe.
OTP Bank's Private Banking has received numerous awards. Thus, according to the prestigious international ranking of the Global Private Banking Awards, which is held annually by The Banker in London, it was recognized as the best in the nomination "Best Private Banking in Ukraine". The service received awards in the nominations Mass Affluent, Super Affluent and Ultra HNW rating Euromoney in 2021, and also won the championship in the nomination "Premium Banking" in the rating "50 leading banks of Ukraine" from the Financial Club.
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Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.