History

2010-2011

New top-management team with work experience in international companies
Development of new business-oriented organizational structure
Attraction of $12.5 mln. of subordinated debt
Increase of share capital by UAH39.7 mln up to UAH259.2 mln
Changing of the legal organizational form from Joint-stock company “Energobank” (JSC “Energobank”) into PUBLIC JOINT-STOCK COMPANY “ENERGOBANK” (PJSC “ENERGOBANK”)
Registration of the Articles of Association in new edition
Development and reorganisation of the regional network: transfer of 14 branches on a single balance. Regional network: 41 offices in 16 regions
Affirmation “uaA-”long-term credit rating of PJSC “ENERGOBANK” by the national rating scale by independent rating agency “Credit rating”
Affirmation of the “high reliability” Bank deposit rating

National Reserve Corporation (NRC) acquires a shareholding in Energobank and increases its share from 31.11% in 2005 to 97.1% in 2009.
Energobank increases its regulatory capital four times, reaching UAH 219.5 million.
Expansion of the regional presence - new branches opened in Odessa, Poltava, Lvov, Kharkov, Donetsk, and Dnepropetrovsk. The bank operates 16 branches and 32 outlets in 17 regions of Ukraine.
Deposits with Energobank are rated "highly reliable" and independent rating agency Credit-Rating upgrades its long-term credit rating to “uaA-” on the National Rating Scale, with a Stable outlook.
Energobank launches major payroll card programs for state-funded institutions and recipients of social benefits.
Bank receives authorization from the Pension Fund to issue payouts for pension programs and other social benefits across all of its branches and outlets.
Energobank upgrades its processing center and launches Smart Vista, a state-of-the-art fully-functional solution.
Bank begins working with international money transfer systems ANELIK, MoneyGram, and UNIStream.

Energobank increases its regulatory capital three times, reaching UAH 34.5 million.
Bank opens 26 outlets. Its regional network numbers 9 branches and 26 outlets in 8 regions of Ukraine.
Energobank secures NBU licenses to carry out 29 primary banking operations.
State Commission on Securities and Stock Market of Ukraine grants the bank authorization to provide security depository services within Ukraine.
Energobank begins transactions using numbered foreign currency accounts.
Bank issues its own foreign currency bearer certificates.
Energobank becomes a member of Visa International payment system.
Bank extends long-term loans to small and medium-sized businesses as part of the European Bank for Reconstruction and Development credit line.
Bank extends loans to micro, small, and medium-sized businesses as part of an International Bank for Reconstruction and Development credit line.
Bank receives authorization from the Pension Fund to issue payouts for pension programs and other social benefits.
Energobank begins working with Western Union international money transfer system.

Energobank, one of the first Ukrainian commercial banks, is established in October 1991. It is formed as a sector-specific financial institution that provides services for the Ukrainian energy industry, including collection of utility payments from residents.
Sector-specific commercial bank Energobank is reorganized into Joint-Stock Bank Energobank.
Energobank is among the co-founders of Ukrainian Interbank Foreign Exchange (UIFEX).
Bank’s regional network numbers 9 branches in 8 regions of Ukraine.
Energobank becomes a member of the Society for Worldwide Interbank Financial Telecommunication (S.W.I.F.T.).
Bank becomes an active member of the REUTERS information system.
Energobank begins issuing and processing local cards as part of payroll card programs for corporate customers.