KYIV, July 4 – Kyiv-based PrivatBank and UnionPay International of China have signed a memorandum of strategic partnership.
The document was signed by Chairman of PrivatBank's Board Petr Krumphanzl and China UnionPay President Shi Wenchao in Kyiv on Wednesday, an Interfax-Ukraine correspondent said.
At the first stage of cooperation with UnionPay, PrivatBank is considering the possibility of starting accepting UnionPay International payment cards through ATMs and payment terminals of the bank in 2019, Krumphanzl said.
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