14:53 23.02.2017

RwS Bank seeks to have UAH 544 mln credit portfolio by late 2017

2 min read
RwS Bank seeks to have UAH 544 mln credit portfolio by late 2017

RwS Bank (Kyiv) seeks to have the UAH 544.3 mln credit portfolio by late 2017. This will be 13.9 times more than as of early 2017, Board Chairman Vladyslav Kravets has said.

"The business model of RWS Bank envisages servicing of corporate clients, small and medium-sized enterprises (SMEs) focusing on money services, document transactions, factoring, overdrafts and cash collection services. It is planned that in 2017 the credit portfolio of the bank would expand to UAH 544.3 million from UAH 39.2 million," he told Interfax-Ukraine.

The banker also said that the financial institution will actively promote the e-banking service and by 2019 it will be transformed into one-touch bank in volumes of e-transactions. The bank also intends to actively introduce technological solutions aimed at work with micro businesses, among which is the connection to the specialized platforms with outsourcing services.

The bank also plans to introduce a digital channel for providing credits by 2019. This is the service allowing clients to receive credits remotely.

The bank is mulling the creation of a financial supermarket. This is a business model foreseeing the integration of products and services between the bank and other financial institutions and financial servicing companies, Kravets said.

He said that by the middle of this year RwS Bank intends to start issuing MasterCard International payment cards. The trade acquiring service would be launched after joining to the participants of the Ukrainian Payment Prostir national payment system.

This year the financial institution intends to introduce the mobile banking system.

Commenting on plans to develop the regional chain, Kravets said that in 2017 the bank intends to open branches in Lviv, Odesa, Mykolaiv, Dnipro, Kharkiv, Zaporizhia and Uzhgorod. At present the bank's chain includes three branches in Kyiv and one each in Vinnytsia and Lviv.

As reported, the National Bank of Ukraine (NBU) early November 2016 annulled the status of a transitive bank for RwS Bank which was created on the basis of insolvent Omega Bank.

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