Founded in 1992 on the basis of the Ukrainian republican bank Promstroibank USSR, Prominvestbank (PIB) was historically one of the largest and most influential financial institutions in Ukraine. It provided a full range of banking services to corporate, SME, and retail clients. In the 2000s, the bank was majority-acquired by Russia's state development corporation VEB.RF (Vnesheconombank). Due to its Russian state ownership, the bank was subjected to sanctions and, following the full-scale Russian invasion of Ukraine, its banking license was revoked by the National Bank of Ukraine, which initiated the liquidation process in February 2022.

Founded in

Ukraine