The State Savings Bank of Ukraine (Oschadbank) is a state-owned bank; one of the largest banks in Ukraine with the most developed branch network comprised of over 5000 branches.
Oschadbank is the only Ukrainian bank where the deposits and other valuables of citizens are fully guaranteed by the state by the law of Ukraine “On Banks and Banking”.
The bank provides services to important system-supporting customers as offices of Pension Fund of Ukraine, the State Enterprise (SE) “Energorynok”, Ukrainian Nuclear Power Generating Company (UNPGC) “Energoatom”, Ukrainian State Enterprise of Posts (USEP) Ukrposhta, Ukrtelecom JSC.
Oschadbank is the electronic money issuer for GlobalMoney payment scheme. The electronic money is supported by Hryvnias and has 100% liquidity.