Russia, Georgia and CIS Payment Cards Yearbook

Ukraine - Summary

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Ukraine Market Overview
Ukraine Payment Organizations	Association of Ukrainian Banks, NSMEP, Ukrainian Interbank Payment Systems Member Association “EMA”.

Ukraine Market Structure	The first MasterCard and VISA programmes were launched in 1997-8 and growth was explosive through to 2007, when total cards issued reached a high of 41.2 million. However, card numbers fell during 2008 and 2009 with several major issuers affected by the financial crisis. Total cards at end-2010 were 29.4 million. PrivatBank is the biggest issuer, followed by Raiffeisen Bank Aval. NSMEP, the domestic-only chip-based card scheme, continues to grow, despite a lack of support from the private sector. Foreign banks with a significant presence, in addition to Raiffeisen, include UniCredit, BNP Paribas, OTP and, from Russia, VTB and Alfa-Bank.

Ukraine Major Issuers	PrivatBank, Raiffeisen Bank Aval, Oshadbank, Prominvestbank.

Ukraine Key Statistics 2010
Ukraine Population	46 million
Ukraine Cards	Debit: 23.8 million Credit: 5.6 million Total: 29.4 million (figures are for cards classed as active)