Finance and Credit Bank is one of the 2010 leaders in acquisiton of time deposits of legal entities

press-release

     In 2010 the volume of funds placed on time deposits by legal entities, who are clients of Finance and Credit Bank, increased by over 82% which equals to UAH 1.362 billion. Overall, the volume of time deposits of legal entities at the start of 2011 made up over UAH 3bn, which brought the Bank into the TOP-5 of the banks according to this figure. The Bank's market share in the segment of time deposits of legal entities grew from 2.4% to 4.4% over the year of 2010.

     According to Head of Corporate Business Department of Finance and Credit Bank Dmitriy Spichak: "Against the background of increased competition, such successful result indicates the rising customer trust to the Bank's work. Besides that, we streamlined our range of deposit products. This allows corporate customers from any segment to find the best ratio of the earning power and versatility of the deposited funds. At present the Bank offers a wide product range for legal entities to deposit their idle money into: both time deposits (for the period of 3 days and more) and current accounts in Finance and Credit Bank".

Reference:

     Finance and Credit Bank was founded in 1990 and belongs to the largest banks group by the volume of assets according to the NBU classification. Finance and Credit Bank network consists of 16 bank branches and 305 off-balance outlets in all regions of Ukraine.

Contact for Mass Media Representatives:
Yuliya Zagorodnya
Head of Informational and Media Support
Finance and Credit Bank
Phone: (044) 364-26-48
å-mail: yuliya.zagorodnya@fcbank.com.ua