AUB partners news

 EASY PRAVEX for legal entities: now it's easy to open an account and update data! From now on, legal entities can apply for an account or update data online. EASY PRAVEX is a new digital project from PRAVEX BANK, created for companies to greatly simplify interaction with the Bank.

Opening an account for legal entities
Usually, opening an account for legal entities involves an extensive bureaucratic process with a large number of documents to be filled in at the branch. That is why EASY PRAVEX has become an online business platform where legal entities can fill in up to 50% of the application form fully automatically when opening an account. This innovation eliminates the need for the client to fill out all the documents in the bank branch, allowing PRAVEX BANK to obtain a significant part of the necessary information from state registers.

Yevhen Bobrovytskyi, Head of Projects and Programmes at PRAVEX BANK: "By developing EASY PRAVEX, we aim not only to significantly simplify interaction with companies, but also to meet the trends of the time. Moreover, we plan to expand the capabilities of this platform by introducing simple and automated solutions. By saving our clients' time, we enable them to focus on what really matters - their business."
Updating data for legal entities
EASY PRAVEX helps not only to open a current account for a company, but also to easily update its data. Over a certain period of time, in the course of business operation, there comes a period of re-identification of data, and other changes may occur. Accordingly, any changes or updates should be reported to the Bank. EASY PRAVEX is a way to update data completely remotely.

"We are convinced that the way to invite customers to cooperate with PRAVEX BANK should be as simple as possible for them. However, we are no less interested in ensuring that their service in our Bank remains absolutely comfortable. This is the task of the EASY PRAVEX project and our main goal. Currently, the project is successfully operating and has already become indispensable in cooperation with business clients," said Anatolii Verbakhovskyi, Head of Small Business Department of the PRAVEX Bank's Business Department.

The number of customers using the NovaPay mobile application has reached half a million. Every day since December 13, 2023, the launch date of the first non-bank payment application in Ukraine, 1,300 Ukrainians have been joining it.

As of the end of December, we have more than 471 thousand clients – individuals and more than 30 thousand – sole proprietors, – says Oleksiy Ruban, Innovation Director at NovaPay. – Among the most popular services are traditional payments and transfers. Because the tariffs for them are very profitable, and the payments themselves are extremely fast and easy. Ukrainians also often use the parcel on credit, installments, the benefit of paying for delivery services and post-payment fees - with its help, they saved more than 60 million UAH in a little over a year.
We remind you that in addition to all types of daily financial services for private clients - payments, loans, investments, in the NovaPay application Ukrainians can receive the full range of services for individual entrepreneurs: open an account, make payments and transfers, receive business cards and post-payment to their account every day, issue powers of attorney and much more.
NovaPay is an international financial service that is part of the NOVA group of companies (Nova Poshta) and has been providing online and offline payment services in over 3,600 Nova Poshta branches for 12 years. NovaPay was the first non-bank financial institutions in Ukraine to receive an extended license from the NBU, which allowed it to open accounts and issue cards.
You can download the application and become a NovaPay user at this link in the App Store and Google Play.

"The results for the first nine months of 2024 confirmed Intesa Sanpaolo's position as a European leader," CEO Carlo Messina said, recalling that Intesa Sanpaolo's market value now places it alongside BNP Paribas and Santander, despite the banks having significantly larger balances.

Carlo Messina
CEO
Intesa Sanpaolo

 

 

 "In 2024, we expect net profit to exceed 8.5 billion euros. The target indicator of net profit for 2025 has been increased to about 9 billion euros, - emphasized the CEO, - which reflects the significant potential of organic growth of our bank."

 

Among the main strengths mentioned by Messina's CEO:

• high profitability;
• stable results;
• solid capital;
• low level of risk, which allows the bank to play a unique role in supporting the real economy and social landscape of Italy.

In addition, the CEO recalled that in the first nine months of 2024, Intesa Sanpaolo provided more than 30 billion euros in medium and long-term loans to Italian households and businesses, and its employees in Italy received more than 4 billion euros in compensation.
Given that as of September 30, 2024, dividends have already been accrued in the amount of 5 billion euros, and 40% of this amount will go to Italian families and shareholder funds, the tax contribution of Intesa Sanpaolo for this period is 4.6 billion euros, which is EUR 700 million more compared to the first nine months of 2023.