JSC CB «PRIVATBANK», CYPRUS BRANCH PROFILE

JSC CB «PRIVATBANK», CYPRUS BRANCH PROFILE

On December 20, 2016 the banking license of the JSC CB "PRIVATBANK", Cyprus branch was limited by the Central Bank of Cyprus.

Cyprus branch shall not engage in any banking business, other than:

  • the repayment or renewal of existing deposits and the acceptance of payments towards existing credit facilities, and
  • the repayment of administrative expences relating to the operations of the branch.

JSC CB «PRIVATBANK», Cyprus branch was opened in Nicosia on 20th July 1999, license of the Central Bank of Cyprus No BS 4523.

According to the completed сompetitive selection of an independent auditor for conducting audit procedures, Ernst and Young Cyprus Limited was selected to conduct the annual audit for the year 2022 of the JSC CB «PRIVATBANK», Cyprus branch.

JSC CB «PRIVATBANK», Cyprus Branch located at 62, Athalassas Avenue, office 32, Strovolos, 2012, Nicosia, Cyprus.

The authority supervising the business activity of JSC CB «PRIVATBANK», Cyprus branch

CENTRAL BANK OF CYPRUS
https://www.centralbank.cy/
TELEPHONE: +357 22 71 41 00
POSTAL ADDRESS:
80, KENNEDY AVENUE, CY-1076, NICOSIA /
P.O.BOX 25529, CY-1395, NICOSIA

Financial statements

PrivatBank Cyprus compiles its financial statements in strict accordance with:

  • international standards;
  • legislation of Cyprus;
  • regulatory and legal acts issued by the Central Bank of Cyprus.

The purpose of the Bank’s financial statements is to provide a wide range of users with accurate and unbiased information on assets, liabilities, equity, cash flows, income and expenses (including profits and losses) and other data.

International Audit
Annual Reports

International Audit

The choice of audit company for bank’s financial audit according to the IFRS is made on the annual basis. Bank’s specialists have a fundamental analysis of the audit conditions, of the "Big Four" companies. The results of the analysis along with management proposals are presented to the Bank’s Supervisory Board.

The Supervisory Board takes a decision that becomes the basis for audit contract for the following year.

The international auditor of JSC CB «PRIVATBANK», Cyprus branch is Ernst and Young Cyprus Limited.

Annual Reports

EY 2017 Audit Report

JCS CB "PrivatBank", Cyprus Branch Finansial statements and audit report for the Year ended 31 December, 2017

EY 2016 Audit Report

PJCS CB "PrivatBank", Cyprus Branch Finansial statements and audit report for the Year ended 31 December, 2016

PricewaterhouseCoopers 2015 Audit Report

PJCS CB "PrivatBank", Cyprus Branch Finansial statements and audit report for the Year ended 31 December, 2015

Disclosure of additional information regarding credit facilities

Additional information to the financial statements, part A as at 31 December 2016
Additional information to the financial statements, part B as at 31 December 2016
Additional information to the financial statements, part A as at 31 December 2015
Additional information to the financial statements, part B as at 31 December 2015
Additional information to the financial statements, part A as at 30 June 2015
Additional information to the financial statements, part A as at 30 June 2014

PricewaterhouseCoopers 2014 Audit Report

Statement of comprehensive income for the year ended 31 December 2014
Balance Sheet as at 31 December 2014
Additional information to the financial statements, part A as at 31 December 2014

PricewaterhouseCoopers 2013 Audit Report

Statement of comprehensive income for the year ended 31 December 2013
Statement of the cash flows for the year ended 31 December 2013
Balance Sheet as at 31 December 2013
Additional information to the financial statements, part A as at 31 December 2013
Additional information to the financial statements, part B as at 31 December 2013
Additional information to the financial statements, part A as at 30 June 2014

JSC CB «PRIVATBANK», Cyprus branch Privacy Statement

JSC CB «PRIVATBANK», Cyprus branch (referred to as ‘we’, ‘us’, ‘our’, ‘Cyprus branch’ or the ‘Bank’) is committed to protecting your privacy and handling your data in an open and transparent manner. The personal data that we collect and process depends on the product or service requested and agreed in each case.

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JSC CB «PRIVATBANK», Cyprus branch Directors

Kostiantyn Shevchenko
General Manager of JSC CB «PRIVATBANK», Cyprus branch

Zyabrykova Viktoriya
Chief Accountant of JSC CB «PRIVATBANK», Cyprus branch

JSC CB «PRIVATBANK» PROFILE

General information

Ownership structure

Management Board

Financial statements

The strategy of PrivatBank

Ratings Social position