Finance and Credit Bank totals up the 2009 results

Press release

     Summarizing the results of 2009, the net assets of Finance and Credit Bank, as of 01.01.2010, amounted to UAH 19.457bn. The Bank's operating income within 2009 amounted to UAH 638.3m. The Bank's financial result for 2009 equaled to minus UAH 450m.

     As of 01.01.2010, Finance and Credit Bank made reserves for risk-pooling of all types of active banking transactions in the volume of UAH 1.28bn.

     In 2009 the Bank paid to the state budget taxes and social payments in the volume of UAH 127.9m.

    The Bank serves over 120.2 thousand of time deposit accounts of the private customers as well as over 221.6 thousand of current accounts.

     As of 01.01.2010, the amount of funds attracted from the personal banking customers totaled UAH 4.509bn.

     The amount of funds on retail time deposit accounts totaled UAH 4.156bn.

    As a reaction to the unprecedented crisis developments of 2009, the Bank undertook loyalty programmes for its customers in order to decrease their financial burden, and offered service packages with regard to loan restructuring: prolongation, repayment holiday, readjustment of the repayment schedule etc.

    Besides, on repeated occasions in the course of the year, the Bank was conducting the campaign "Hot Repayment", according to which customers had an opportunity to buy currency at a fair rate.

     The next step of this programme was the opportunity for individuals and retail customers and to convert the loan foreign currency into national currency.

      As of 01.01.2010, the Bank serves over 31,5 thousand of retail customers. The quantity of the agreements for the settlement and cash services - 26,5 thousand. Likewise, the Bank serves around 43 thousand of customers – legal entities.  

     As of 01.01.2010, Finance and Credit Bank issued more than 685 thousand of payment cards of the international payment systems, such as VISA and MasterCard.

     The  payment card business network comprises 4087 points of sale, 440 own automated teller machines (ATMs) and 527 pay-out locations.

      As of 01.01.2010, the Bank launched and implemented above 4349 salary projects.

     As of 01.01.2010, the incorporated ATM network comprising Finance and Credit Bank, Ukrsibbank, Ukrsotsbank, Pravex-Bank, Rodovid Bank, VTB Bank totals 3900 ATMs and allows the Bank's customers to withdraw cash from ATMs without paying any additional commission.

     Money transfer system of AVERS, created by Finance and Credit Bank, up to date established a leading position in the Ukrainian market for money transfers.

     As of 01.01.2010, the Bank's system includes 1000 agent location in the territory of Ukraine, as well as 100 thousand agent location in 81 countries of the world. The AVERS turnover in 2009 totaled UAH 1.5bn.

    Being one of the largest importers of foreign currency, in 2009 Finance and Credit Bank brought in around $207.72m, ˆ76.65m. The Bank sold 794 kg of bank metals. 

     As of 01.01.2010, the Bank' system includes 16 branches and 305 off-balance outlets, which operate in all Ukrainian regions. In 2009, the optimisation programme was implemented, owing to which the customers' satisfaction improved substantially.

     In September 2009, the state registration took place, consequently, there was a change of the name from Open Joint Stock Company Finance and Credit Bank into Public Joint Stock Company Finance and Credit Bank.

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