State Savings Bank of Ukraine
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| Public Joint-Stock Company | |
| Industry | Banking, investment |
| Founded | 21 May 1999, (approved by NBU on 31 December 1991) |
| Founder | Government of Ukraine |
| Headquarters | Kyiv, Ukraine |
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Key people
|
Andrii Pyshnyi (Chairman) |
| Services | Financial services |
| Revenue |
 ₴ 10 billion |
|
₴ 5.8 billion |
|
|
₴ 1.1 billion |
|
| Total assets |
₴ 73.9 billion |
| Total equity |
₴ 17.4 billion |
| Owner | Government of Ukraine |
| Website | www |
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Footnotes / references All figures annualized for 2017 |
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The public State Savings Bank of Ukraine or Oschadbank (Ukrainian: Ощадбанк) was established by Decree of the Cabinet of Ministers of Ukraine on May 21, 1999, №866 through the transformation of its predecessor, the State Specialized Commercial Savings Bank of Ukraine into a Joint-Stock Company.
The State Savings Bank of Ukraine is one of the largest financial institutions of Ukraine and one of three systemically important banks (including Ukreximbank and PrivatBank) nominated by National Bank of Ukraine every year since 2015 when classification requirement came into force.
As of 01 January 2017 the bank has 3650 branches and 2850 ATMs throughout the country which carry out various functions, such as the disbursement of pensions, social aid, processing of utility payments and other banking transactions. Together with PrivatBank, Oschadbank is one of the only two Ukrainian banks whose clients' time deposits are fully guaranteed by state law compared to total of UAH 200 000 in other banks in case of bank liquidation.
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