OREANDA-NEWS. June 24, 2011. PrivatBank has become the general sponsor of Georgian football club "Dynamo". Sponsorship agreement, signed on June 16th in Tbilisi, has been concluded for one year period including the partnership in 2011-2012 season.

"Our Ukrainian colleagues have been the general sponsor of "Dynamo" (Kiev) for several years, and that cooperation appeared to be mutually beneficial. I am sure that the equal efficient partnership between the bank and "Dinamo" (Tbilisi) is launched today "- commented the Chairman of PrivatBank (Georgia) Bogdan Lesyuk the signing of sponsorship contract with FC.

PrivatBank does not divulge the financial details of the contract, just noting meanwhile that the sum is the record one for the Georgian football.

According to the Georgian Football Federation, "Dynamo" (Tbilisi) football club is the most titled club in Georgia. Founded in 1925, the club became the champion of the USSR, won the USSR Cup twice and the UEFA Cup Winners' Cup in 1981. Over the past 20 years, the club has become the thirteen-time champion of Georgia, nine-time winner of the Georgian Cup and five-time winner of the National Super Cup. In May 2011, FC "Dynamo" (Tbilisi) celebrated the 30th anniversary of its victory in one of the globally most prestigious football tournaments - the UEFA Cup Winners' Cup.

PrivatBank international banking group operates in 12 countries serving over 20 million corporate and retail customers in Ukraine, Russia, Georgia, Latvia,

Portugal, Italy and other countries. Since 2007 PrivatBank has been the invariable sponsor of FC "Dynamo" (Kiev) in Ukraine, where the head office of the banking group is placed.