The National Bank of Ukraine registered us as the CLOSED JOINT STOCK COMPANY “WEST FINANCE AND CREDIT BANK” (or CJSC “CREDITWEST BANK”) in October 2006.

In February 2007, “CREDITWEST BANK” received a bank license from the National Bank of Ukraine. The Charter Capital of the bank is 72 million UAH (11 million euro).

In March 2007, “CREDITWEST BANK” conducted its first transaction.

In May-July 2007, the bank started providing money transfer services though the following payment systems: “Western Union”, “Anelik” and “PrivatMoney”. In June 2007, CREDITWEST joined the National System of Mass Electronic Payments (NSMEP).

CREDITWEST BANK is a member of the State Guarantee Fund of Individuals’ Holdings.

Between May-July 2008, the bank received membership to the Visa and MasterCard international payment systems.

On January, 27 2009 the Bank was reorganized into Opened Joint Stock Company “WEST FINANCE AND CREDIT BANK” (short name OJSC "CREDITWEST BANK").