KYIV, Oct 31 – State-owned PrivatBank and JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., announced that they will start JCB merchant acquiring operations in Ukraine, the bank has said in a press release.

According to the report, the license agreement for building the JCB card acceptance network was signed by the heads of the bank and JCB International in Tokyo, on October 31.