Bank Pivdenny is a major commercial bank with private Ukrainian capital. Bank founded in 1993. Headquartered in Odesa Bank Pivdenny is one of the 14 systemically important banks in Ukraine and ranks 13th in the banking system in terms of assets. Pivdenn is a full-service universal commercial bank with focus on corporate clients. Regional network consist of 101 branchesin 18 regions of Ukraine The Bank is a part of the international group with total assets of more than USD 1 billion Bank Pivdenny Group (BPG) established in 2007 through an acquisition by Pivdennyi Bank of the Regional Investment Bank (RIB) in Latvia. RIB established in 2001 is the eleventh largest bank in Latvia and provides a full scope of banking and financial services to corporate and individual customers. RIB comprises about 50% of the total assets of the Group and operates under its own brand name subject to EU and ECB regulation.PBG performs its expansion to EEC region through the establishment of branches and representative offices of RIB.