Documentary Operations

Securities

In 2005, the Bank proceeded to increase the quantity and volumes of bill operations offering: discounting, avalizing, cash collection, domiciliation, REPO operations, commercial and commission operations in the securities market.

The volumes of commission and trade operations with Ukrainian companies' bills in 2005 increased by 2.5 and 2.6 times, respectively.

Apart from bill transactions, the Bank performs operations related to public domestic bonds issued to repay VAT debts. The volume of public domestic bonds sold by order of the bank customers amounted to UAH 235 million. In 2005, the volume of transactions related to avalizing the tax anticipation bills materially grew amounting to UAH 164 million.