Looking to log in to Porto-Franko Bank? Unfortunately, this bank no longer exists. Porto-Franko Bank (АКБ “Порто-Франко”) was a commercial bank based in Odessa, Ukraine that was liquidated in 2019 following financial difficulties that began in 2014.
This article explains what happened to Porto-Franko Bank and provides alternatives for banking in Ukraine.
📜 What Happened to Porto-Franko Bank?
Here’s the timeline of events:
Timeline of Closure
- July 2014: Bank entered financial crisis
- September 29, 2014: Temporary administration introduced
- January 29, 2015: Liquidation process began
- October 17, 2019: Liquidation completed
About Porto-Franko
Porto-Franko Bank (“Акціонерний Комерційний Банк Порто-Франко”) was a joint-stock commercial bank headquartered in Odessa, Ukraine. It offered standard banking services including deposits, loans, and currency exchange before its closure.
🏦 Banking Alternatives in Ukraine
If you’re looking for banking services in Ukraine, here are the major banks currently operating:
Major Ukrainian Banks
- PrivatBank – Ukraine’s largest bank, state-owned
- Oschadbank – State savings bank
- Ukreximbank – State export-import bank
- Raiffeisen Bank Ukraine – Austrian-owned
- OTP Bank Ukraine – Hungarian-owned
Recommended for Online Banking
PrivatBank offers the most developed digital banking in Ukraine through their Privat24 platform and mobile app. It’s the most widely used online banking service in the country.
💰 Were You a Porto-Franko Customer?
If you had deposits with Porto-Franko Bank when it was liquidated:
- The Deposit Guarantee Fund of Ukraine (FGVFO) handled depositor claims
- Guaranteed deposits up to 200,000 UAH per depositor were covered
- The liquidation was completed in October 2019
- For any remaining claims, contact the Deposit Guarantee Fund: fg.gov.ua
❓ Frequently Asked Questions
Does Porto-Franko Bank still exist?
No. Porto-Franko Bank was fully liquidated on October 17, 2019. The bank entered crisis in 2014 and the liquidation process took nearly 5 years to complete.
Can I still recover my deposits from Porto-Franko?
The official liquidation is complete. If you had guaranteed deposits (up to 200,000 UAH), these should have been paid through the Deposit Guarantee Fund. For any remaining claims, contact the Deposit Guarantee Fund of Ukraine at fg.gov.ua.
What caused Porto-Franko Bank to fail?
Like many Ukrainian banks during the 2014-2015 banking crisis, Porto-Franko faced financial difficulties related to the broader economic instability in Ukraine. The National Bank of Ukraine placed the bank under temporary administration in September 2014.
Which bank should I use in Ukraine now?
PrivatBank is the largest and most popular choice with excellent digital banking (Privat24). Other reliable options include state-owned Oschadbank and Ukreximbank, or international banks like Raiffeisen Bank Ukraine and OTP Bank.
What is the Deposit Guarantee Fund of Ukraine?
The FGVFO (Deposit Guarantee Fund of Ukraine) protects depositors when banks fail. It guarantees deposits up to 200,000 UAH per depositor per bank.
How do I contact the Deposit Guarantee Fund?
Visit the official website at fg.gov.ua to submit claims or get information about liquidated banks including Porto-Franko.
🏦 Other Ukraine Bank Guides
- All Ukraine Bank Login Guides
- PrivatBank Login
- Oschadbank Login
- OTP Bank Ukraine Login
Summary
Porto-Franko Bank no longer exists – it was liquidated in 2019 following financial difficulties that began in 2014. If you’re looking for banking services in Ukraine, PrivatBank with its Privat24 online platform is the most popular choice, or consider international banks like Raiffeisen or OTP Bank.
For any questions about former Porto-Franko deposits, contact the Deposit Guarantee Fund of Ukraine at fg.gov.ua. 🏦
Last Updated on February 21, 2026
URL: https://log-in.me/portofrankobank-odessa-ukraine/