Oschadbank
Oschadbank is Ukraine's state-owned savings bank and the country's second-largest bank, serving retail consumers, SMEs, corporates, and premium clients through 1,100+ branches, mobile and internet banking, and government-aligned lending programs including subsidized mortgages and energy loans.
- Company typePrivate
- Founded1991
- HeadquartersKyiv, Ukraine
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What Oschadbank does
Oschadbank is Ukraine's state-owned savings bank and, by assets and customer base, the country's second-largest financial institution. Founded in 1991 and headquartered in Kyiv, it operates as a public joint-stock company under the Ukrainian government, previously known as the State Savings Bank of Ukraine, and serves retail consumers, small and medium businesses, large corporates, and premium banking clients through a horizontal segmentation model.
Its core offering spans a full-stack banking platform: digital channels via the "Мобільний Ощад" (Mobile Oschad) mobile app and "Ощад 24/7" internet banking, complemented by an over-1,100-branch physical network that includes 450 Power Banking emergency branches. The lending suite covers mortgages (including the state-subsidized eOselia program at preferential rates), auto loans (new, used, and electric vehicles under the "Ощад Драйв" and "Моя енергія" brands), unsecured cash loans, installment financing, and energy-independence programs ("Моя енергонезалежність" and EBRD-backed "Моя нова енергія"). Deposit products include term, pension, and currency deposits; payment services span debit, credit, premium, salary, and government cards with Apple Pay and Google Pay integration.
Revenue mechanics are traditional banking: net interest income from loan and deposit spreads (e.g., 0.01%–15.49% auto, 16.99%–18.9% mortgage, 29%–48% cash), commission and transaction fees on payments and transfers, and foreign exchange operations. Distribution combines direct branch sales, digital self-service, partnerships with auto dealerships (Mercedes-Benz, Toyota, Hyundai, Porsche) and the government's Diia app, and state-program-aligned channels. Capital structure is entirely state-owned with no private equity or external institutional investors, and the bank has continued operating throughout the ongoing conflict, recently secured large concessional facilities from the EBRD (€510M) and EFSE (€40M with Ukrgasbank), and resolved a 2025–2026 diplomatic incident over an €82M seized cash convoy.
Oschadbank firmographics
Firmographics- Name
- Oschadbank
- Legal name
- АТ «Ощадбанк»
- Website
- https://oschadbank.ua
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Oschadbank is Ukraine's state-owned savings bank and the country's second-largest bank, serving retail consumers, SMEs, corporates, and premium clients through 1,100+ branches, mobile and internet banking, and government-aligned lending programs including subsidized mortgages and energy loans.
- Ownership category
- akta.pro rank
Oschadbank industry classification
Industry- Product category
- Retail Banking
- NAICS
- Savings Institutions and Other Depository Credit Intermediation (52218), Commercial Banking (522110)
- SIC
- Savings Institutions, Not Federally Chartered (6036), State Commercial Banks (6022)
- akta.pro primary industry
- Savings Banks (Public/State-Owned) (FSABAKAK)
- akta.pro secondary industries
- Housing & Urban Development Banks (Public) (FSABAKAG), SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)
Keywords
Where Oschadbank is headquartered
LocationHeadquarters
- HQ city
- Kyiv
- HQ country
- Ukraine
- HQ region
- Europe
Offices1 record
Markets served
Oschadbank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Interest Income: Traditional banking revenue from interest rate spreads on loans (mortgage, auto, consumer loans) and deposits
- Commission Fees: Fees from payment processing, money transfers, card transactions, and other banking services
- Foreign Exchange Operations: Revenue from currency exchange services and forex trading operations
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Auto loan - Ощад Драйв: 0.01% to 15.49% annual rate |
| Subscription | Monthly | Electric vehicle loan - Моя енергія: 0.01% to 13.2% annual rate |
| Subscription | Monthly | Used car loan: 0.01% to 15.5% annual rate |
| Subscription | Monthly | Mortgage - secondary market: 16.99% variable or 18.5%-18.9% fixed |
| Subscription | Monthly | eOselia state program: 7% first 10 years, then 10% |
| Subscription | Monthly | Cash loan: 29%-48% annual real rate (up to 60.1% APR) |
| Subscription | Monthly | Energy independence loan - Моя енергонезалежність: 0% first year (with state compensation) |
| Subscription | Monthly | EBRD-supported green energy loan - Моя нова енергія: 21.1% with EBRD grant up to 25% |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels5 records
Oschadbank product offering
Product offeringCore offering
Oschadbank is Ukraine's state-owned savings bank providing a full range of retail, small business, corporate, and premium banking services. Its core offerings include consumer loans (mortgages, auto loans, cash loans, energy independence financing), deposit and savings products, payment cards, money transfers, currency exchange, and installment payment programs, delivered through an extensive branch network of over 1,100 locations plus digital channels (mobile app and internet banking).
Product overview
Oschadbank operates as a multi-channel banking platform offering a comprehensive portfolio of retail and corporate banking products. The platform is structured around a core digital banking infrastructure consisting of "Ощад 24/7" (internet banking) and "Мобільний Ощад" (mobile banking app), supplemented by an extensive branch network of over 1,100 locations. The consumer lending suite encompasses mortgage products (standard secondary market mortgages and the government-subsidized єОселя program), auto loans (including specialized programs for new vehicles, electric cars, and used cars under the "Ощад Драйв" brand), cash loans, and energy independence financing programs (Моя енергонезаємність and Моя нова енергія in partnership with EBRD). The deposit portfolio includes term deposits, pension accounts, and currency savings. Payment services are delivered through a full range of debit, credit, and premium cards with contactless payment integration via Apple Pay and Google Pay. Additional services include installment payment programs, currency exchange, money transfers, and insurance intermediary services.
Differentiator
Problem solved
Functional benefit
Brands
- Мобільний Ощад (Mobile Oschad): Mobile banking application for iOS and Android
- Ощад 24/7
- Premium banking
- єОселя (eOselia)
Products and services
- Mobile Oschad (Мобільний Ощад) Mobile banking application for smartphones (iOS and Android) providing 24/7 account access, payments, transfers, currency exchange, and cash loan applications for individual and business customers.
- Oschad 24/7 (Ощад 24/7) Internet banking platform providing 24/7 online access to account management, money transfers, currency exchange, and bill payments for retail and business customers.
- Consumer Loans (Кредити для фізичних осіб) Comprehensive consumer lending portfolio for private clients covering mortgages, auto loans, cash loans, and installment payment programs.
- New Car Loan (Ощад Драйв) Auto loan program for purchasing new vehicles with terms from 1 to 7 years, interest rates from 0.01% to 15.49%, down payment from 20%, and loan amounts from 100,000 to 10,000,000 UAH. One-time commission 1.5%-2.99%. Distributed through partner dealerships including Mercedes-Benz, Toyota, Hyundai, and Porsche.
- Electric Car Loan (Моя енергія) Specialized loan program for purchasing electric vehicles with terms from 1 to 7 years, interest rates from 0.01% to 13.2%, down payment from 20%, and loan amounts from 100,000 to 10,000,000 UAH.
- Used Car Loan (Кредит на вживане авто) Loan program for purchasing pre-owned vehicles with terms from 1 to 7 years, minimum 30% down payment, interest rates from 0.01% to 15.5%, and loan amounts from 100,000 to 3,000,000 UAH.
- Secondary Market Mortgage (Нерухомість на вторинному ринку) Mortgage lending for purchasing residential property on the secondary market with terms from 1 to 20 years, fixed (18.5%-18.9%) or variable (16.99%) interest rates, down payment from 30%, and one-time commission 0.99%. Distributed through 32 mortgage centers across Ukraine.
- eOselia State Mortgage Program (єОселя) Government-subsidized affordable housing mortgage program with preferential interest rates of 7% for first 10 years then 10%, terms up to 20 years, down payment from 20%, targeted at eligible categories including military, medics, teachers, scientists, veterans, and internally displaced persons. Administered in partnership with Ukrfinzhytlo and accessible via the government Diia platform.
- Cash Loan (Кеш-кредит) Unsecured personal cash loan for any purpose with amounts from 10,000 to 500,000 UAH, terms from 1 to 5 years, annual real rates from 29% to 48% (up to 60.1% APR), and one-time commission 1.99%.
- Energy Independence Program (Моя енергонезалежність) Government-supported program for purchasing alternative energy equipment including generators, hybrid systems, and solar panels with 0% interest in the first year (with state compensation), amounts up to 480,000 UAH, and terms up to 120 months.
- My New Energy EBRD Program (Моя нова енергія) EBRD-supported program for hybrid solar power systems with 21.1% interest rate and investment grants up to 25% (15% base + 10% additional for vulnerable groups), loan amounts from 100,000 to 1,000,000 UAH, and terms from 12 to 60 months.
- Installment Payments (Оплата частинами) Buy-now-pay-later service allowing cardholders to purchase goods in installments with partner merchants without additional fees.
- Bank Cards (Картки) Range of payment cards including credit cards, debit cards, premium cards, salary cards, youth cards, and government payment cards, supporting contactless payments via Apple Pay and Google Pay.
- Deposits (Депозити) Savings products including term deposits (Мій депозит, Моя Перемога), pension deposits (Мій пенсійний депозит), currency deposits (Мій валютний депозит), and specialized savings programs such as Мій захисник, with competitive interest rates.
- Premium Banking (Преміум) Premium banking service offering personalized banking and exclusive benefits for high-net-worth individuals, operated through a dedicated premium banking platform.
- Corporate Banking and Large-Scale Project Financing Corporate banking services for large corporate entities including large-scale loans, corporate deposits, cash management, and project finance (e.g., €200 million wind farm project in Zakarpattia, natural gas procurement financing for Naftogaz).
Quantifiable outcome
- 32 mortgage centers (IC) across Ukraine
- +1 more outcomes
Companies that use Oschadbank
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
Oschadbank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Oschadbank partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- UkrgasbankcoreJointly with Ukrgasbank, secured €40 million in SME financing from EFSE to support Ukrainian businesses, especially in war-affected regions and vulnerable groups, enhancing access to local currency financing for economic recovery.
- Mercedes-BenzminorAuto loan partnership program for Mercedes-Benz vehicles sold through authorized dealerships in Ukraine.
- Toyota UkraineminorAuto loan partnership program for Toyota vehicles through authorized dealer network in Ukraine.
- Hyundai UkraineminorAuto loan partnership for Hyundai vehicles through authorized dealerships.
- Porsche UkraineminorPremium auto loan partnership program for Porsche vehicles.
- Ukrfinzhytlo (Ukrainian Financial Housing Company)coreImplementation partner for state eOselia mortgage program. Manages interest rate compensation and program eligibility verification for affordable housing loans.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Oschadbank competitors and assessment
Company assessmentOthers
- EBRD (European Bank for Reconstruction and Development): Counterparty and program partner rather than competitor; EBRD provides the €510M risk-sharing facility and energy efficiency grant programs that Oschadbank distributes. Critical funding source shaping Oschadbank's lending capacity.
Direct peers
- UkrSibbank (BNP Paribas Group): Universal Ukrainian bank backed by BNP Paribas, serving retail, SME, and corporate clients with similar product breadth as Oschadbank, including mortgages and consumer lending.
- Ukrgasbank: State-owned Ukrainian bank focused on energy efficiency and green finance; co-recipient of the €40M EFSE credit line alongside Oschadbank and a sister institution under state ownership. Direct peer in subsidized green lending.
- PrivatBank: Ukraine's largest commercial bank by assets and customers, directly competing with Oschadbank in retail deposits, lending, cards, and SME banking. PrivatBank is the private-sector benchmark against which Oschadbank's state-owned model is measured.
- PUMB (First Ukrainian International Bank): Top-5 Ukrainian universal bank offering retail, SME, and corporate banking products across a multi-channel distribution. Direct competitor to Oschadbank for deposits, payments, and lending.
- Sense Bank (formerly Alfa-Bank Ukraine): One of Ukraine's top-10 banks, providing retail and corporate banking, cards, and loans. Competes head-to-head with Oschadbank in the same Ukrainian market with a similar universal banking model.
- Raiffeisen Bank Aval: Ukrainian subsidiary of Raiffeisen Bank International, providing full-service retail and corporate banking. Competes with Oschadbank across deposits, cards, and lending while offering international banking infrastructure.
Emerging players
- Monobank: Ukraine's leading digital-only bank (Universal Bank JV), rapidly gaining retail deposit and card share via mobile-first experience. Competes with Oschadbank's digital channels and pressures traditional branch-heavy economics.
Regional players
- Tascombank: Ukrainian universal bank serving retail and corporate clients with a strong regional franchise. Comparable product mix in deposits, cards, and SME lending within the same domestic market.
- Kredobank (PKO Bank Polski subsidiary): Universal Ukrainian bank owned by Poland's PKO Bank Polski, offering retail and SME products in the same market. Comparable to Oschadbank's SME and consumer lending segments.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Oschadbank social profiles
Digital presenceOschadbank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Oschadbank leadership team
Management profileNumber of profiles
Profiles1 record
Oschadbank funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Oschadbank M&A and investment
M&A and investmentM&A
Investments7 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Oschadbank
What does Oschadbank do?
Oschadbank is Ukraine's state-owned savings bank providing a full range of retail, small business, corporate, and premium banking services. Its core offerings include consumer loans (mortgages, auto loans, cash loans, energy independence financing), deposit and savings products, payment cards, money transfers, currency exchange, and installment payment programs, delivered through an extensive branch network of over 1,100 locations plus digital channels (mobile app and internet banking).
Is Oschadbank a public or private company?
Oschadbank is a private company. It is classified as state government owned and is currently operating.
When was Oschadbank founded?
Oschadbank was founded in 1991. It employs 5,001 to 10,000 people.
Where is Oschadbank based?
Oschadbank is headquartered in Kyiv, Ukraine, in the Europe region.
How does Oschadbank make money?
Three revenue lines are on record. Interest Income is the primary driver. The others are commission Fees and foreign Exchange Operations.
Who are Oschadbank's main competitors?
EBRD (European Bank for Reconstruction and Development) is listed as an others. Direct peers are UkrSibbank (BNP Paribas Group), Ukrgasbank, PrivatBank, PUMB (First Ukrainian International Bank), Sense Bank (formerly Alfa-Bank Ukraine) and Raiffeisen Bank Aval. Monobank is listed as an emerging player. Regional players are Tascombank and Kredobank (PKO Bank Polski subsidiary).
Does Oschadbank have an API?
No public API is recorded for Oschadbank.
What industry is Oschadbank in?
Oschadbank's product category is Retail Banking. Its primary akta.pro industry code is FSABAKAK, Savings Banks (Public/State-Owned), with a secondary code of FSABAKAG, Housing & Urban Development Banks (Public). Its NAICS code is 52218 and its SIC code is 6036.