“Finance and Credit” Bank SME clients loan portfolio exceeded UAH 500 mln.

      press-release

     "Finance and Credit" Bank SME clients loan portfolio exceeded UAH 500 mln. and as of 13.02.2008 made up UAH 500,9 mln.
       According to the Head of SME products sale organization department of "Finance and Credit" Bank Anna Gorbunova: "The following result was achieved due to active work of regional departments of the Bank in the present direction. Today "Finance and Credit" Bank" loan programs are being used by over 9 thousand SME representatives, 95% of them are entrepreneurs". 
      «The improvement of SME servicing quality is Bank prior task. In 2008 "Finance and Credit" Bank plans to implement systematic loan conditions improvement and SME servicing quality, in addition  new products and programs launch, which allow to broaden service list, provided by Bank».

      Among the most popular crediting programs of SME: equipment purchase in credit, autos and commercial real estat, "Express-Credit", "Microcredit" programs, commercial crediting on the security of real estate, overdraft.
      In addition, the SME clients are provided with package servicing, which includes  settlement and cash services, card products, monetary transfers. 

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 01.02.2008 authorized capital of the Bank made up UAH 1,277 bln.
      As of 01.02.2008 the Bank's net assets were UAH 14, 140 bln., liabilities totaled to UAH 12,359 bln. The Bank's loan portfolio reached UAH 10,894 bln. The amount of borrowed funds as for 01.02.2008 was UAH 8,513 bln.      
       "Finance and Credit" Bank services over 109 thousand of urgent deposit account of individuals, in addition over 189 thousand of current accounts. Loan portfolio of individuals of "Finance and Credit" Bank as for 01.02.2008 made up UAH 4,225 bln.
        As of 01.02.2008 "Finance and Credit" Bank emitted over 620 thd. of payment cards of international payment systems «VISA» «MasterCard». The infrastructure of card business numbers 385 own ATMs, over 489 cash withdrawal outlets and 2 955 trade servicing centers.
As of 01.02.2008 "Finance and Credit" Bank system includes 16 branch offices and 366 non-balance offices in all Ukrainian regions.
       As of the financial result of the Bank work made up UAH 990, 36 th.

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