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Bank Finance and Credit offers new opportunities to its customers

30.03.2009


press-release
 
     From 25 March 2009 retail customers of the Bank can purchase foreign currency for placing it to deposit accounts in USD at the exchange rate of the NBU as of the day of operation. Term of deposit makes up 3 months, interest rate amounts to 11% pa.

    
According to Lyudmila Radchenko, Deputy Head of Retail Products Sales, Bank Finance and Credit - «Main advantage of the deposit is a possibility to purchase currency at the very profitable exchange rate which significantly differs from commercial exchange rate. It will enable our customers to manage their funds with a maximum benefit and minimum losses».

    

     Apart from that, the Bank Finance and Credit provides new opportunities for its SME and retail customers. From 25 March to 31 March 2009 the Bank enhances terms of a new promo action called «Hot Repayment». Under the new terms, customers who have loans in USD have an opportunity to repay their outstanding loans at the discounted exchange rate of 6.99 UAH/USD. If amount of early redemption exceeds USD 30,000 and at the same time the amount of debt repayment makes up 90% or more, selling rate of UAH 6.90 for USD 1 will be applied.
     

      Loan debt repayment includes prescheduled repayment of credit, planned redemption of principal and interest, repayment of past-due debt.

 

Information:

     
Bank Finance and Credit was founded in 1990 and is one of the largest banks in Ukraine by its assets according the NBU classification. Authorized capital of the Bank as of 01.03.2009 makes up UAH 2 billion. Net assets of the Bank as of 01.03.2009 amounted to UAH 18.227 billion, Bank`s liabilities made up UAH 15. 751 billion.      

     
The Bank serves over 148,000 retail term deposit accounts and over 230,000 current accounts. Retail loan portfolio of the Bank as of 01.03.2009 made up UAH 6.119 billion.
     

       As of 01.03.2009 the system of the Bank Finance and Credit includes 16 branches and 341 outlets in all Ukrainian regions. Financial result of the Bank`s performance from the beginning of the year made up UAH 118,000.

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



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