Over 10 000 credit agreements on small business programs are registered in “Finance and Credit” Bank

press-release

      "Finance and Credit" Bank is a dynamic co-operator with entrepreneurs – individuals and legal entities – representatives of small business and provides them with a wide range of different crediting programs as well as servicing of current activity. 
      As of 26.08.2008 the quantity of credits in force granted for the clients of small business by "Finance and Credit" Bank exceeded 10 000. Merely the last month the quantity of granted loans increased by over one thousand.
      According to the Head of small business sales organization department of "Finance and Credit" Bank Ihor Koval: "The sum of ten thousand of loans is the evidence of trust of equal quantity of our clients. And it is not limit of our abilities. The Bank manages all necessary recourses for clients' meeting requirements in credit funds. In consequence of organized work of Bank staff the loan portfolio of small business clients extremely approaches to the mark of UAH 600 mln. The commercial loans on security of real estate are in extra demand among clients, in addition the loans on security of private and business assets of borrower.
      We are constantly working on quality improvement of service and conditions of crediting. For strengthening of cooperation the product line is being improved, except the loyalty program is being prepared to be proposed to our clients the nearest future".

Reference:

     "Finance and Credit" Bank was founded in 1990 and by total assets it enters the group of the largest banks according to NBU classification. As of 01.08.2008 authorized capital of the Bank made up UAH 2 bln. As of 01.08.2008 the Bank's net assets were UAH 15, 123 bln, liabilities totalled to UAH 12, 669 bln. The Bank's loan portfolio reached UAH 12, 237 bln. The amount of attracted funds as for 01.08.2008 was UAH 9, 926 bln.
      The Bank services over 160 thousand of urgent deposit account of individuals, in addition over 236 thousand of current accounts. Loan portfolio of individuals of "Finance and Credit" Bank as for 01.08.2008 made up UAH 4, 687 bln.
      As of 01.08.2008 "Finance and Credit" Bank system includes 16 branch offices and 390 non-balance offices in all Ukrainian regions.
      As of the financial result of "Finance and Credit" Bank work since the beginning of 2008 has made up UAH 121, 03 mln.

Contact:
Yuliya Zagorodnya,
Chief of Informational
and Media Support Department
"Finance and Credit" Bank
tel.: +38 (044) 499-26-48
e-mail: yuliya.zagorodnya@fcbank.com.ua