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Platinum Bank ups capital, appoints retail business head

Marianna Moldavska was named head of retail business and sales director at PJSC Platinum Bank, the Ukrainian lender said on Dec. 29.

Moldavska, who has worked for the bank for 11 years, will be responsible for implementing the lender's retail business development strategy by increasing lending, overseeing its regional sale network and expanding the product line, among other things.

The bank also said the same day that it increased its capital by 120 million Ukrainian hryvnia as part of a capitalization program launched by its shareholders to ensure compliance with Ukrainian central bank requirements.

As of Dec. 29, US$1 was equivalent to 27.10 Ukrainian hryvnia.