Finance and Credit Bank totals up the 2011 results

The operational profit of the Bank following the results of 2011 made up UAH 849.4 million which exceeded the same figure of 2010 by UAH 94.4 million.

The Bank's net assets as of January 01, 2012 reached UAH 22.007 billion.

The Bank's financial result for the year of 2011 showed a loss of UAH 79.163 million. As of January 01, 2012 Finance and Credit Bank formed provisions to cover risks associated with all types of active operations in the amount of UAH 1.722 billion, which exceeds the 2010 result by UAH 192.6 million.

The regulatory capital adequacy ratio of the Bank made up 10.62% as of January 01, 2012.

As of January 01, 2012 the Bank's loan portfolio stayed at UAH 19.186 billion, including the corporate loan portfolio of UAH 15.339 billion.

In 2011 the Bank made tax and social payments to the state budget in the amount of UAH 145.89 million, including UAH 75.69 million allocated in Kyiv.

The Bank services over 153 thousand time deposits of individuals, and over thousand current accounts. As of January 01, 2011, the value of funds on time and current accounts of the Bank's individual clients grew by nearly UAH 1.205 million to reach UAH 7.407 billion, of which UAH 6.845 billion is the value of funds on time deposit accounts of individual clients.

The value of funds on time deposits and current accounts of legal entities amounted to UAH 3.186 billion as of 01.01.2012.

As of January 01, 2012, Finance and Credit Bank services over 560 payment cards of the international payment systems VISA and MasterCard. The card business infrastructure includes 4,263 points-of-sale, 461 ATMs and 581 payout locations.

In 2011 the Bank implemented over 1 thousand salary projects. The 2011 turnover of the AVERS international money transfer system made up over UAH 3.4 billion. The System cooperates with 53 agent banks as well as with 5 foreign partner systems.  It consists of over 2 thousand service outlets on the territory of Ukraine and nearly 100 thousand outlets abroad.

Being the largest importer of foreign cash currency, Finance and Credit Bank imported approximately $1.718 billion, ˆ6.9 million, and sold 2,250kg bank metals.

As of January 01, 2012, Finance and Credit Bank Network comprises 16 bank branches and 297 off-balance outlets that operate in all regions of Ukraine.

As of January 01, 2011, the Bank employs nearly 4,400 employees.