Ukreximbank will close two more of its branches

The Board of Directors of the state-owned Ukreximbank has decided to close its branches in Poltava and Sumy in order to improve operational efficiency. 

According to data from the National Securities and Stock Market Commission’s disclosure system, the last business day for both branches will be July 6, 2026. The transformation of the regional network entails that, starting July 7, a bank representative office will begin operating at the same address in Poltava in place of a full-fledged branch.

The newly established representative office in Poltava will focus on informational and promotional activities as well as providing consulting support to clients. Until the closure, both branches will continue to serve corporate, medium-sized, and retail businesses, as well as provide services to municipalities and the public sector. Clients are encouraged to familiarize themselves in advance with the updated remote service procedures following the closure of the branches in their current format.

Ukreximbank consistently ranks among the top three largest banks in Ukraine by total assets, which stood at UAH 327.35 billion as of early February 2026. At the start of the year, the financial institution’s network comprised 23 branches across the country. The current changes are part of the state bank’s strategy to optimize costs and adapt to the new conditions of the Russian financial market and the global economy. The bank guarantees the fulfillment of all obligations to depositors and partners in the Sumy and Poltava regions.

Earlier, the board of the state-owned Ukreximbank decided to close its central branch in Kyiv (5 Nemetska St.), as well as branches in Ternopil (21 Mitropolita Sheptytskoho St.) and Chernivtsi (183 Holovna St.). 

As a reminder, two large state-owned banks will be put up for sale in Ukraine.

State-owned banks also accounted for over 65% of the banking sector’s profits in the first quarter of 2025.