OREANDA-NEWS. December 22, 2011. AS "PrivatBank" completed the repayment of the principal amount and interest on the bank’s mortgage bonds on 21 December 2011. 

"Thus the bank has successfully fulfilled its obligations despite the difficult economic circumstances in the last years, and has again proven itself as a reliable financial partner," said Oleksandr Trubakov, Chairman of the Board of AS "PrivatBank".

As part of the issues carried out in 2006 and 2007, mortgage bonds in the amount of 20,856,000 EUR were issued.

Due to the issue of mortgage bonds, AS "PrivatBank" intensified financing of private individuals and facilitating the national economy by offering competitive financial products via the customer service network, which had been constantly expanding.

AS "PrivatBank" is a member of the international banking group PrivatBank. Today, PrivatBank serves more than 22 million corporate and individual customers in 12 countries of the world – Russia, Georgia, Latvia, Ukraine, Italy, Portugal, China, United Kingdom, Cyprus, Germany, Spain, and Kazakhstan. In 2011, PrivatBank took the 369th position in The Banker’s Top 1000 World Banks ranking, moving up from the 416th position in 2010.