Finance and Credit Bank opens a new line of credit to Ukrgazvydobuvannia

press-release
Kiev

      Finance and Credit Bank opened the revolving line of credit in amount of UAH 59 MIO to the subsidiary of Naftogaz of Ukraine – Ukrgazvydobuvannia. Money will be used for financing the main operations of the company. 

      According to the Deputy Chairwoman of the Board of Finance and Credit Bank, Svitlana Lototska - "NJSC Naftogaz of Ukraine and its subsidiaries are the largest customers of the Bank. Since 2006 the company has been using credit products of the Bank. The Bank provided loans for the company in 2007–2008 for the last time, then the money were provided for the period of 1 year with the purpose of replenishment of turnover funds. Taking into consideration pure credit history of the client, I am sure that we will keep on working in such a fruitful way".

      State Company Ukrgazvydobuvannia has been serviced in the Bank Finance and Credit since July 2005.

Reference:

      Finance and Credit Bank was established in 1990 and is one of the largest banks in Ukraine by its assets according to the NBU classification.

      As of 01.07.2010 the Bank has over 36,000 corporate customers. The corporate loan portfolio as of 01.07.2010 made up UAH 13.528 billion. Amount of funds on corporate current and deposit accounts made up UAH 2.664 billion.

      As of 01.07.2010 the Bank has over 32.5 thousand SME customers.


Contact for Mass Media Representatives:
Yuliya Zagorodnya
Head of Informational and Media Support
Finance and Credit Bank
Phone: (044) 499-26-48
å-mail: yuliya.zagorodnya@fcbank.com.ua