Corporate loans

   In 2006, the bank introduced the Credit Code for Corporate Banking, which makes it possible to maximally optimize banking operations in the sphere of corporate customer loans with the help of thoroughly perfected methods of dealing with the borrower.
      In 2006, the bank's corporate loan portfolio grew by more than 64%, supporting a stable trend of continued growth (88% in 2003, 64% in 2004, 72% in 2005).
 

Finance & Credit Bank continues to perfect its credit tools for corporate customers in the face of constantly changing market conditions. In 2006, the bank's corporate customers were offered new facilities and tools:

     In 2006, Corporate Banking introduced a new credit product – the trade finance program. This program gives the customers of Finance & Credit Bank access to the cash funds of leading European banks for purposes of payments under contracts with foreign manufacturers. Finance & Credit Bank provides credit support for a period of up to 5 years at 9% interest in US dollars.

Other successful facilities of the bank include:

• "KrAZ on credit"
• "Equipment on credit"
• "Agricultural machinery on credit"

       In 2006, the "KrAZ on credit" facility has been the most popular with corporate clients. Flexible lending conditions and some of the lowest interest rates on the market have made it possible to sell over 300 vehicles as part of this facility, which represents a nearly threefold increase from 2005 (107 vehicles).  
      Also popular was the "Equipment on credit" facility, which allows borrowers to buy equipment with the bank's funding without additional security. Some of the largest projects implemented as part of this facility include a UAH 3.5 mln loan to Planeta-Druk Ltd (Rivne branch of the bank), a UAH 2.7 mln loan to Avtostrada-Kyiv (the bank's Head Office), a UAH 1.95 mln loan to Spring Ltd (Donetsk Regional Board of Finance & Credit Bank).