Pokrov Mining and Processing Works (ex-Ordzhonikidze GOK) from September 7 will transfer its accounts from the nationalized PrivatBank to the Credit Dnepr Bank.
According to the company statement, the change of the bank has to do with PrivatBank being constantly under pressure lately, which could create risks for the GOK.
“To prevent such a negative situation the shareholders decided to transfer the salary project to another bank. Having thoroughly analyzed operation of financial institutions, Credit Dnepr has been chosen as the most advantageous”, the company reported.
PrivatBank charged 0.25% to service the salary project, while Credit Dnepr will do it free of charge. (Ukrainian metal)