The largest commercial bank of Ukraine Privat Bank in the nearest time will be able to purchase banks in Great Britain, China and Kazakhstan, is reported in data of Lithuania filial PrivatBank.

It was said by the director of department of regional subdivisions development of the Ukrainian bank Maksim Yaitskiy.

"Change of brand of establishment is one of the main steps for further development of Privat Bank in the countries of EuroUnion. This year a new filial was opened in Portugal and Italy. In the nearest time it is planned to open new filials in Spain, Greece, Germany and other countries"- says Yaitskiy.

As it is reported till 2009 bank plans to open 15-20 new filials. "Thus, expanding the net of filials Privat Bank will compete with such huge banks as Hansabanka and SEB Unibanka"- he said.

Head of Privat Bank Alexander Trubakov admitted the Bank after change of the name will credit small scale and middle scale business more actively.

"In future our priorities will lie on crediting of small-and middle-scale business, reliable management of clients funds and deposits"- he proclaimed.

Privat Bank already started program of crediting of enterprises.

Privat Bank is founded in 1992. Its complete assets in January-June 2007 grew in 27% - to 43 022 mlrd hrn. The volume of proposed credits by bank increased in 25% - to 35 851 mlrd hrn, total duties grew in 30% - to 39 47 mlrd hrn.

Ukrainian bank possesses 95% PrivatBank (Latvia), 50% Moscomprivatbank (Russia), 75% of stocks Taobank (Georgia).