KYIV, Jan 28 – Following the transfer of shares in First Investment Bank (Pinbank) to the Ministry of Territories and Communities Development, Ukrposhta Bank will be established and is expected to begin providing banking services across 6,000 branches and 25,000 points of presence throughout Ukraine by 2025, the company announced on Tuesday.

"The government has transferred Pinbank shares to Ukrposhta to ensure 100% of the population has access to banking services. Soon, more than 6,000 branches and 25,000 points of presence will start offering banking services," the statement read.