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Impact Case Study: Platinum Bank

Posted on: 11 Jun 2012

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Horizon Capital has a 45% stake in Platinum Bank

  • Company Headquarters: Ukraine
  • Business focus: Banking and financial services
  • Revenue: US$539 million in total assets (2011 unaudited)

Impact Highlights

  • As an active owner, Horizon Capital successfully navigated the bank through the turbulent global financial crisis and supported its transformation into a diversified consumer lender

  • With the help of Horizon Capital, Platinum Bank raised US$100 million in capital and attracted financial support from numerous IFIs

  • With a 35% compound annual growth rate in its “core” retail unsecured loan portfolio since 2006, Platinum Bank has become one of the fastest growing retail lenders in Ukraine

  • Platinum Bank stands out in Ukraine as one of the first financial institutions to adhere to the Global Reporting Initiative’s economic, environmental and social sustainability reporting standards

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