OREANDA-NEWS. January 29, 2007. According to the results of 2007 the net assets of “Finance and Credit” Bank has increased in two times for 2007 and reached UAH 14, 634 bln. The financial result of the Bank work made up UAH 279, 6 mln.

In 2007 the Bank paid out the taxes and social payments on the sum of UAH 135,66 mln.
In 2007 the Bank authorized capital increased in 2,5 times: from UAH 519 mln. to UAH 1 276,5 mln.
Within 2007 "Finance and Credit" Bank improved the main factors of Bank activity: the loan portfolio of the Bank increased almost twice and made up UAH 11,454 bln.; liabilities increased by 93% and made up UAH 12, 849  bln., the amount of attracted funds within 2007 increased by 78% and as of  01.01.2008 made up UAH 8,967 bln.

As of  01.01.2008 "Finance and Credit" Bank formed the reserves for risk pooling on all types of active operations in the volume of UAH 341,32 mln.
The amount of legal entities accounts, serviced in "Finance and Credit" Bank is over 38 thds, the amount of attracted funds of legal entities increased almost by 130% and made up UAH 4, 416 bln. The loans amount distributed by the Bank for legal entities came up 76% up to UAH 7, 305 bln.

"Finance and Credit" Bank services over 107 thousand of urgent deposit account of individuals, in addition over 182 thousand of current accounts. As of 01.01.2008 the amount of attracted funds of individuals increased by 46% and made up UAH 4, 530 bln. For 2007 the loan portfolio of individuals of "Finance and Credit" Bank increased by 130% and as for 01.01.2008 made up UAH 4,150 bln.

According to the results of 2007 "Finance and Credit" Bank took the first position among partner-banks of the State Mortgage institution on amounts of refinancing of mortgage loans.
The work with the clients of small business segment is one of priority directions of Bank activity. The loan portfolio for small business programs as of 01.01.2008 made up UAH 478,7 mln. As of 01.01.2008 the quantity of valid agreements on credit products of small business segment made up 8 890.

As of 01.01.2008 "Finance and Credit" Bank emitted 623 thd of payment cards of international payment cards "VISA" and "MasterCard". The infrastructure of card business includes own processing centre, working from 1997, 378 ATMs and 480 cash withdrawal outlets. The Bank posess the license for trade acquiring on cards of international payment systems and as of  01.01.2008 provides the acquiring services in 2 955 trade-servicing centres.

In 2007 was realized the only program of ATM network union of "Finance and Credit" Bank with "Ukrsibbank", "PravexBank" and "Ukrsocbank". The united ATM network over 2500 allows the clients to with draw cash without additional commission.
 
In November 2007 was realized the joint project of "Finance and Credit" Bank with the electron payment system Portmone.com, in which "Finance and Credit" Bank would provide payments on operations, performed with payment cards as payment means for commodities and services payment in the Internet.

 "Finance and Credit" Bank cooperates with 34 partner-banks, in addition with 4 international systems of money transfer within own international system of money transfer "AVERS". Therefore the money transfer system network "AVERS" makes up about 90 thd of transfer locations in 81 countries, including 700 on the territory of Ukraine. In 2007 "AVERS" turnover including Ukraine made up over UAH 450 mln.

According to the results of "Dengi.ua" research of "AVERS" work in 2007 it is considered to be one of the best money transfer systems to CIS and far-abroad countries (Israel, Canada, Poland, Germany).
Within 2007 "Finance and Credit" Bank imported USD 2.5 bln., and over EURO 140 mln. The Bank imported 516,4 kg of Bank metals.

In 2007 "Finance and Credit" continues its activity in international financial markets: in February 2007 Bank involved syndicated loan of USD 70 mln., in May 2007 -  finished syndication of annual loan of USD 60 mln.
Furthermore "Finance and Credit" Bank attracted USD 120 mln. for financing of export-import client operations.
As of 01.01.2008 "Finance and Credit" Bank system includes 16 branch offices and 366 non-balance offices in all Ukrainian regions. In 2007 25 projects of branch network improvement were held, which led to high quality of client servicing. "Finance and Credit" Bank plans to broaden its network up to 440 trade centres in 2008, and in 2009 – up to 500.