Promsvyazbank has expanded its ATM network in the Lugansk People’s Republic, announcing more than 400 terminals now in operation. According to the bank’s press office, PSB added over 100 new machines within a single month, underscoring a focused push to broaden access to financial services in the region. The relocation and installation of these devices are part of a broader effort to strengthen cash access and speed of service for residents and visitors alike, with machines positioned for high footfall in major hubs such as shopping centers, government facilities, enterprises, and hospitality venues. (DEA News)
The bank’s communications emphasized that this growth is intended to improve the everyday financial experience for people living in and traveling through the LPR, helping to reduce wait times and create more predictable service options across the local economy. The emphasis on convenient locations reflects a strategic aim to place ATMs where demand is strongest, ensuring that residents have reliable access to cash and related banking services close to home and work. (DEA News)
Meanwhile, in Crimea, Sberbank has continued its regional expansion, with reporting indicating the opening of its first regional branch in Sevastopol. This development marks a significant milestone as the bank strengthens its presence in the peninsula, complementing the earlier introduction of a Crimea-focused office in Yalta. The Sevastopol opening followed a May 6 launch in Yalta, a move that the bank’s press service described as drawing high interest from local customers for a broad array of banking products and services. By mid-May, the total impact was described as record demand from Crimean clients seeking accessible financial solutions. (DA News)
These regional expansions occur amid a broader trend of banks enhancing physical infrastructure in strategically important areas to meet rising demand for everyday banking, digital self-service options, and improved customer experience. While PSB concentrates on expanding cash access within the LPR, Sberbank’s Crimea push highlights the ongoing effort to build physical footprints that support economic activity, tourism, and local enterprise. Observers note that such moves can influence customer choice, competition among financial institutions, and the speed with which residents can conduct routine transactions, obtain financial guidance, and access credit products. (DA News)