More than UAH 76 mln — that's the Amount of Share Trading in the Sense SuperApp Application. Results of the FIRST MONTH of the “Investments” Section Work
Alfa-Bank Ukraine customers have the possibility to invest in shares of international companies for a month now. The total scope of trades (purchases and sales of shares) amounted to over UAH 76 mln. Shares of Apple, Intel, Coca-Cola, Pfizer, СSX and Microsoft were the most popular among customers. The average investor's portfolio consists of shares of 3-4 companies for the amount of approx. UAH 50 ths. The minimum transaction for this month is purchase of one share for UAH 936, the maximum one is the purchase of 450 shares for UAH 2.7 mln.
For the convenience of customers, the bank introduced a single commercial rate for generating the current price of purchasing and selling shares, which made it possible to narrow the spread on hryvnia quotations as much as possible.
In addition, within the month the bank's specialists collected the information on wishes of customers: in shares of which companies they would like to invest their funds in addition to those already available in the Sense SuperApp application. On January 31, at Investments Sense SuperApp Telegram channel the voting started in order to determine the most popular shares among customers and add them to the “Investments” section in the near future.
We shall remind that to make the investments in securities, it is necessary:
- to be Sense SuperApp user;
- to have a card or hryvnia current account with Alfa-Bank Ukraine;
- to be a resident of Ukraine over 18.
Advantages of investing via Sense SuperApp:
- Available offer. The minimum limit for investment is established - from 1 share (on average, the value of one share is approx. UAH 4,000. (equivalent to US$ 150).
- Fair price. The customer buys and sells shares at prices corresponding to quotations of international exchanges (the trading session is available on business days from 04.30 p.m. to 11.00 p.m.).
- No tax risks. The bank acts as the customer's tax agent, taxes are withheld from investment income at the time of sale of shares.
- Compliance with the Ukrainian legislation. Agreements are concluded in the legal field of Ukraine. All settlements are made in hryvnia. Customers do not need to send funds abroad. The shares are admitted to circulation in Ukraine by the National Securities and Stock Market Commission. The National Depository of Ukraine confirmed the possibility of accounting such shares in the depository system of Ukraine.
- Without commissions: up to March 1, 2022. Alfa-Bank does not charge a commission for transactions on the purchase and sale of shares.
- Without intermediaries. Customers enter into agreements on the purchase of shares directly with the bank, without intermediaries.
Information on the volume of trades and the average portfolio of the investor is provided for the period from December 28, 2021, (the moment of project launch) to January 31, 2022, and is not an indicator of the result in future periods.