OREANDA-NEWS. On 18 April 2008 was announced, that more than third of all credit cards in Ukraine are issued by PrivatBank. The KREDITKAs of this financial institution are in use by 6.7 million of Ukrainians (“KREDITKA” is a licenced short name of such cards). Credit limits’ total exceeds UAH15bn that are available via credit cards of its clients.

The very first credit card THE GOODS BY INSTALLMENTS PrivatBank issued 4.5 years ago in the end of 2003. It was a revolutionary decision for the Ukrainian market: to combine a payment card and credits in a single banking product.

“Today nobody can be startled by credit card, but four years ago it was a real break-through, - says Alexander Dubilet, the Chairman of PrivatBank. – Previously, every client compiled documents each time he intended to buy something on credit, while now one needs to receive credit card only once, presenting minimum documents for this, and henceforth may utilize one’s credit limit as one desires. At the moment, when our goal is to provide each Ukrainian citizen with simple access to credits, the credit card becomes our main helper – almost 7 million persons have already succeded to solve their current financial problems by means of our KREDITKAs and to create the reliable financial reserves for themselves.”

Despite the credit card is no longer a unique product for Ukraine, the one third of national cardholders choose namely PrivatBank’s cards. Striving to create the most convenient product for its clients, the Bank persistently enhances its credit programmes, embodies the newest technologies: both those tested abroad and the unique ones, elaborated by PrivatBank itself.

“The Major” PrivatBank’s KREDITKA becomes an international class Universalnaya card, greatly popular all over Ukraine. This card has a range of special advantages. At first, this is a renewalling line of credit. Secondly, its grace period is 55 days. Thirdly, it participates in BONUS+ programme, under which a part of money, spent by a client, goes back to his card account.

“We have created the really universal card that is able to help a client in the most unexpected vital situations, to give him possibility to spend his money as it is comfortable and necessary for him,- says Mr Dubilet. – But it is not the final yet, I am sure, that we shall more than once nicely surprise our cardholders with some new potentialities of our credit cards.”