January 25th 2017

PrivatBank Acknowledged As Best Bank for Foreign Exchange Service

PrivatBank was acknowledged as the best Ukrainian bank in the Best Foreign Exchange Providers 2017 ranking, published by the American magazine Global Finance. According to the Edition’s experts, the bank was given this award to recognise its reliability and the quality of payment transactions for 10 years in a row.

“Banks are still major liquidity providers to the FX markets”, says Joseph D. Giarraputo, Publisher and President of Global Finance. “Banks are also valuable sources of information and advice on currency-related issues, particularly for companies venturing into emerging and frontier markets, where constantly changing restrictions may apply.”

UBS was recognised as the Best Global Foreign Exchange Bank. Citi was chosen as the leading bank in North America, DBS Bank took first place in Asia, UBS was also named the best bank in Western Europe, and Société Générale climbed the ranking in Central and Eastern Europe.

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