Economy 2021-07-15T07:03:30+03:00
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Finance Ministry Picks 34 Banks To Provide Payments To State-Financed Organizations Employees And Pensioners

Finance Ministry Picks 34 Banks To Provide Payments To State-Financed Organizations Employees And Pensioners

bank, Ministry of Finance, payments

The Ministry of Finance of Ukraine has selected a total of 34 commercial banks to provide payments to employees of state-financed organizations and enterprises as well as to pensioners.

The Finance Ministry has said this in a statement, Ukrainian News Agency reports.

In compliance with the Order of a competitive selection of banks to pay pensions, monetary assistance and salaries to employees of state-financed institutions approved with the Executive Order of the Cabinet of Ministers of Ukraine 1231 dated September 26, 2001, the Finance Ministry conducted a meeting of a tender commission to pick the authorized banks on May 3, 2018.

In particular, the banks are: Ukreximbank, Oschadbank, PrivatBank, Ukrgasbank, Ukrsotsbank, Raiffeisen Bank Aval, Kredobank, UkrSibbank, Idea bank, Credit Agricole bank, Piraeus Bank ICB, Alfa Bank (Ukraine), OTP Bank, Alliance bank, Lviv bank, Industrialbank, MTB Bank, Pivdennyi bank, Poltava-bank, First Ukrainian International Bank, Grant bank, Megabank, Sky Bank, Unex Bank, Commercial Industrial Bank, Universal Bank, Bank Credit Dnepr, Radabank, Vostok bank, Investments and Savings Bank, Concorde bank, Motor-bank, Accordbank, and CrystalBank.

As Ukrainian News Agency earlier reported, late in 2016, Accent-bank, Polikombank, Industrialbank, Marfin Bank, Poltava-bank and MetaBank sued the Cabinet of Ministers of Ukraine demanding cancellation of the Executive Order 662 on selection of banks to provide payments to pensioners and employees of state-financed institutions.

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