Payment transactions

      In 2006, customers of Finance & Credit Bank opened 67,170 current accounts, which represents a 79% increase in their number in 2006. As of January 1, 2007, the number of current accounts opened by our retail customers totaled 152,560.

      In 2006, average daily balances of current accounts of retail customers increased by 115% (the equivalent of UAH 36.048 mln in multiple currencies), and totaled UAH 67.47 mln as of January 1, 2007. The highest growth rate of 169% has been recorded for average daily balances of euro accounts of retail clients. The balances of US dollar and hryvnia accounts have also shown solid growth, increasing by 159% and 72%, respectively.

The Pension Fund of Ukraine has authorized Finance & Credit Bank to pay out pensions to retirees and financial aid to underprivileged citizens. As of January 1, 2007, the bank had 10,342 pension accounts.
     
      In 2006, we signed 30 systemic contracts to accept payments, including with the companies  ROSNO Ukraine, JSC Svitlovodsk Butter and Cheese Plant, Joint Stock Insurance Company Omega, CJSC Ukrainian Insurance Company Aska – Life, CJSC Insurance Company Oranta – Life, Traveltime LLC, and Anex Tour LLC. In 2006, Finance & Credit Bank signed a total of 508 contracts to accept payments from individuals in favor of corporations.  As of January 1, 2007, the total number of contracts to accept payments was 2,276.

     Finance & Credit Bank approaches the safety of its customers' valuables with utmost care. In 2006, customers kept their valuables in 315 individual safe deposit boxes at Finance & Credit Bank.

The bank's commission income in 2006 totaled close to UAH 15 mln, including UAH 8.820 mln in commission for accepted payments, and UAH 6.124 mln in commission for payment and cash services.