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KredoBank

Primary URL Location Industry
www[.]kredobank[.]com[.]ua
Country Ukraine
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Financial Services
Profile

KredoBank is a financial organization headquartered in Ukraine. As a bank, it provides core banking services such as accepting deposits, extending loans, facilitating payments, and offering other financial products to individual and corporate clients. Its operations are focused on the domestic Ukrainian market, where it serves customers seeking routine banking solutions. The institution functions within the regulatory framework governing Ukrainian banks and participates in the national payment system.

The available source material does not disclose specific quantitative details about KredoBank’s size, such as the number of branches, employees, or total assets. Consequently, any description of its scale or market reach must be omitted to avoid speculation. The profile therefore relies solely on the qualitative facts presented in the prompt. No assumptions about its customer base or geographic footprint are made.

A distinguishing attribute of KredoBank is its involvement in the widespread cyber attack of June 27, 2017, which targeted Ukrainian entities through a compromised update of the M.E.Doc accounting software. The attack distributed destructive malware, including NotPetya and ransomware variants such as XData and PsCrypt, leading to encryption of systems and data destruction across multiple sectors. As one of the financial organizations affected, KredoBank experienced operational disruption that highlighted its exposure to supply‑chain cyber threats. The incident also linked the malware to earlier campaigns like Chthonic, suggesting possible nation‑state affiliated origins.

The prompt does not provide any explicit information regarding KredoBank’s ownership structure, parent company, or subsidiary relationships. Therefore, no details about its corporate governance or affiliations can be included in this profile. All structural notes remain unspecified in the supplied data. Consequently, the description ends with the confirmed facts about the bank’s location, sector, and the 2017 cyber incident.

Incidents
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1 incident