Horizon Capital has a 45% stake in Platinum Bank
- Company Headquarters: Ukraine
- Business focus: Banking and financial services
- Revenue: US$539 million in total assets (2011 unaudited)
Impact Highlights
- As an active owner, Horizon Capital successfully navigated the bank through the turbulent global financial crisis and supported its transformation into a diversified consumer lender
- With the help of Horizon Capital, Platinum Bank raised US$100 million in capital and attracted financial support from numerous IFIs
- With a 35% compound annual growth rate in its “core” retail unsecured loan portfolio since 2006, Platinum Bank has become one of the fastest growing retail lenders in Ukraine
- Platinum Bank stands out in Ukraine as one of the first financial institutions to adhere to the Global Reporting Initiative’s economic, environmental and social sustainability reporting standards