{{Short description|Ukrainian state savings bank}} {{Infobox company | name = Public JSC "State Savings Bank of Ukraine" | logo = Oschadbank.png | logo_size = | image = Head of oschad.jpg | image_size = | image_upright = <!-- default = 1 --> | image_alt = | image_caption = Head office in Kyiv (2012) | type = Public [[Joint-Stock Company]] | founded = 21 May 1999, (approved by [[National Bank of Ukraine|NBU]] on 31 December 1991) | founder = [[Government of Ukraine]] | location_city = [[Kyiv]] | location_country = [[Ukraine]] | location = <!--modifies "Headquarters" entry--> | key_people = Serhii Naumov (Chairman) <ref>{{cite web |url = https://www.oschadbank.ua/en/pravlinna-ta-nagladova-rada-banku | title = Oschadbank. About. Management. |language=UK |date = |access-date=March 14, 2023}}</ref> | area_served = | industry = [[Banking]], [[investment]] | products = | services = [[Financial services]] | revenue = {{increase}} [[Ukrainian hryvnia|₴]] 10 billion<ref>{{Cite web|url=http://www.oschadnybank.com/en/about/reporting/reports.php|title=Головна сторінка | Ощадбанк|language=uk|access-date=2013-11-18|archive-date=2013-11-10|archive-url=https://web.archive.org/web/20131110080302/http://www.oschadnybank.com/en/about/reporting/reports.php|url-status=dead}}</ref><ref>{{cite web |url=https://bank.gov.ua/doccatalog/document?id=43651962 |title=Financial statements of banks of Ukraine |date=January 1, 2017 |publisher=[[National Bank of Ukraine]] |language=uk}}</ref> | operating_income = {{increase}} [[Ukrainian hryvnia|₴]] 5.8 billion | net_income = {{increase}} [[Ukrainian hryvnia|₴]] 1.1 billion | authorized Capital = | assets = {{increase}} [[Ukrainian hryvnia|₴]] 494,5 billion | equity = {{increase}} [[Ukrainian hryvnia|₴]] 47,8 billion<ref>{{Cite web|url=https://bank.gov.ua/en/supervision/institutions/00032129|title = National Bank of Ukraine; Oschadbank}}</ref> | num_employees = | parent = | divisions = | subsid = | owner = [[Government of Ukraine]] | homepage = {{URL|http://www.oschadbank.ua/}} | dissolved = | footnotes = All figures annualized for 2017 }}
The '''Public JSC "State Savings Bank of Ukraine"''', or PAT '''Oschadbank''' ({{langx|ru|'''Сбербанк'''|Sberbank}}{{efn|[https://www.epravda.com.ua/news/2020/11/27/668581/ Oschadbank won a (Ukrainian) lawsuit] at the [[Supreme Court of Ukraine]] against [[Sberbank of Russia]], which claimed that Sberbank's registration of the SBERBANK trademark in Ukraine violated the rights of Sberbank of Russia.}}; {{langx|uk|'''ПАТ "Ощадбанк"'''|lit=P[[Joint-stock company|JSC]] [[Savings bank]]}}), is a major [[public bank]] in [[Ukraine]]. In early 2024, it was confirmed by the [[National Bank of Ukraine]] as one of the country's [[systemically important bank]]s.<ref>{{cite web |website=National Bank of Ukraine |url=https://bank.gov.ua/en/news/all/natsionalniy-bank-pidtverdiv-status-sistemnoyi-vajlivosti-dlya-15-bankiv |date={{date|2024/03/05}} |title=NBU Confirms Systemic Importance of 15 Banks}}</ref>
In April 2022, Oschadbank became a member of the Individual Deposit Guarantee Fund (FGVFO).<ref>{{Cite web |url=https://www.oschadbank.ua/news/vstupiv-u-diu-zakon-pro-stovidsotkove-garantuvanna-vkladiv-fizicnih-osib-u-ramkah-akogo-osadbank-priednavsa-do-fgvfo |access-date=2024-02-19 |website=www.oschadbank.ua |title=ᐈ Вступив у дію закон про стовідсоткове гарантування вкладів фізичних осіб, у рамках якого Ощадбанк приєднався до ФГВФО | Ощадбанк }}</ref>
As of the first of July, 2023, the bank had 1,183 branches and 2,790 [[Automated teller machine|ATM]]s throughout the country which carry out various functions, such as the disbursement of pensions, social aid, processing of utility payments and other banking transactions.<ref>''www.oschadbank.ua'' https://www.oschadbank.ua/about </ref>
The head office of Oschadbank is located in Kyiv. {{As of |2020}}, the bank received a net profit of ₴2.78 billion, which is ₴2.5 billion more than in 2019.<ref>{{Cite web|url=https://www.oschadbank.ua/uploads/0/1167-oschadbank_2020_fs_conso_ukr.pdf |title=Річний фінансовий звіт за 2020 рік |trans-title=Consolidated financial statements together with the independent auditor's report |date=December 31, 2020 |website=Ощадбанк |publisher=State Savings Bank of Ukraine |language=uk |accessdate=}}</ref>
==History==
With the [[dissolution of the Soviet Union]], the Ukrainian operations of the [[Savings Bank of the USSR]] were reorganized as a stand-alone institution, the State Specialized Commercial Savings Bank of Ukraine.<ref name=WBB>{{citation |title=State-Owned Banks in the Transition: Origins, Evolution, and Policy Responses |url=https://documents1.worldbank.org/curated/pt/364131468742855118/pdf/258320State1banks1Final1022803.pdf |author=Khaled Sherif, Michael Borish, & Alexandra Gross |year=2003 |publisher=World Bank |location=Washington DC |access-date=2024-07-18 |archive-date=2024-07-16 |archive-url=https://web.archive.org/web/20240716212753/https://documents1.worldbank.org/curated/pt/364131468742855118/pdf/258320State1banks1Final1022803.pdf |url-status=dead }}</ref>{{rp|25}} On {{date|1999/05/21}}, the latter was transformed by Decree of the [[Cabinet of Ministers of Ukraine]] into Oschadbank, a [[joint-stock company]].
According to the British magazine The Banker, in 2014 Oschadbank ranked 10th in the ranking of the largest banks in Central and Eastern Europe and 367th in the ranking of the top 1000 world banks.<ref>[http://www.oschadnybank.com/ua/press-service/news/2830003/ Ощадбанк увійшов до десятки найбільших банків Центральної та Східної Європи] {{Webarchive|url=https://web.archive.org/web/20140820081947/http://www.oschadnybank.com/ua/press-service/news/2830003/ |date=2014-08-20 }} ''oschadnybank.com'', 07.08.2014</ref>
As of the end of 2016, the bank had 3,650 branches and 2,850 ATMs throughout the country.<ref>[https://bank.gov.ua/doccatalog/document?id=34661581 Number of branches and ATMs as of January 1, 2017], ''[[National Bank of Ukraine]]''</ref> Together with [[PrivatBank]], Oschadbank was one of the {{clarify span|few two|date=November 2022}} Ukrainian banks whose clients' time deposits are fully guaranteed by state law compared to total of [[Ukrainian hryvnia|₴]] 200,000 in other banks in case of bank liquidation. (However, since [[martial law]] was declared in 2022 in response to the open, full-scale [[2022 Russian invasion of Ukraine|invasion of Ukraine]] by the Russian military, the deposit guarantee has been extended much more broadly<ref>{{cite web |url=https://www.fg.gov.ua/en |title=Deposit Guarantee Fund |access-date=March 14, 2023}}</ref><ref>{{cite web |url=https://www.pumb.ua/en/deposit/membership_in_organizations |title=FUIB – a participant of the Guarantee Fund the individuals' deposits |access-date=March 14, 2023}}</ref>)
For a long time, the bank remained the only one of 74 Ukrainian banks that was not a member of the Deposit Guarantee Fund. In April 2022, the Law of Ukraine "On Amendments to Certain Laws of Ukraine on Ensuring the Stability of the Deposit Guarantee System" came into force, which aims to increase depositors' confidence in the banking system and ensure its stability. It is within the framework of this law that Oschadbank joined the DGF.<ref>{{Cite web |title=Вступив у дію закон про стовідсоткове гарантування вкладів фізичних осіб, у рамках якого Ощадбанк приєднався до ФГВФО |trans-title=The law on 100% guarantee of deposits of individuals entered into force, within the framework of which Oschadbank joined the FGVFO |url=https://www.oschadbank.ua/news/vstupiv-u-diu-zakon-pro-stovidsotkove-garantuvanna-vkladiv-fizicnih-osib-u-ramkah-akogo-osadbank-priednavsa-do-fgvfo |access-date=2022-10-01 |website=www.oschadbank.ua |language=uk}}</ref>
== Gallery == <gallery> Image:Oschadbank Luhansk.jpg|<div style='text-align: center;'>Oschadbank branch in [[Luhansk]] (2014)</div> Image:Oschadbank terminal.JPG|<div style='text-align: center;'>Oshchadbank [[Automated teller machine]]</div> Oschadbank old logo (en).png|<div style='text-align: center;'>Former logo</div> </gallery>
== Interesting facts == * Former lawyer of this bank [[Iryna Mudra]] in Ukraine became Deputy Minister of Justice of Ukraine.<ref>{{cite web |url=https://parlament.ua/ru/dossier/irina-mudra/ |title=Ирина Мудра, информация и биография Ирины Романовны Мудрой |trans-title=Dossier - Business - Irina Mudra |access-date=March 14, 2023 |language=uk}}</ref> * In 2023, Oschadbank entered the top 200 companies of [[Ukraine]] in terms of revenue.
== See also == {{Portal|Ukraine}} * [[State Labor Savings Banks System of the USSR]] * [[List of banks in Ukraine]]
==Notes== {{notelist}}
==References== {{reflist}} {{commons category|Oshchadbank}}
{{Authority control}}
[[Category:Companies based in Kyiv]] [[Category:Ukrainian brands]] [[Category:Ukrainian companies established in 1999]] [[Category:Banks established in 1999]] [[Category:Government-owned banks of Ukraine]]