Ukraine's leading English-language newspaper since 1995

Was founded in 1994 in Ternopil as "Oasis", it got last name after unification with "Victoria bank " in Khmelnitsk and "Eurocenter bank " in Lvov.

In November, 2001 bank administration and its central office relocated to Lvov. Bank was named "Universal".

In 2006 financial result of the bank was multiplied in three times, its assets grew on 46%, physical person deposits – on 50% and legal – on 91%. On February, 1, 2006 bank assets reached 601,71 million UAH, credit-investment brief-case - 479,5 million UAH, its capital regulation was 55 million UAH and physical person deposits were 363,5 million UAH. Priority activity of the bank is providing physical person services and also to subjects of small size and middle size business. In June, 2006 almost 100% bank’s share holding was bought by the largest Greek bank "EFG Eurobank".

In March, 2007 bank multiplied authorized capital stock to 487,732 million UAH that allowed bank to raise credit capacities. The decision to change the name to joint-stock company “Commercial bank “European “Bank EFG” was accepted on the extraordinary meeting of shareholders' at the beginning of 2007.

By facts on January, 2007 bank had 7 branches and 26 departments in 9 regions of Ukraine.