OREANDA-NEWS. September 11, 2009. Entering the group of the largest the Bank "Finance and Credit" signed the contract with Vorskla Steel Holdings limited about funds attraction in amount of USD 7,94 mln. on conditions of subordinated debt. The term of funds attraction - 7 years, the interest rate makes up 8,4 %.

According to the Chairman of the Board of the Bank "Finance and Credit" Vladimir Hlyvniuk: "Funds attraction on conditions of subordinated debt is carried out within the limits of the program of stabilisation measures accepted at General meeting of shareholders of the Bank "Finance and Credit" on August, 3rd, 2009, and will accommodate the growth of capitalization level of the Bank, improvement of liquidity indicators that, finally, will raise the level of reliability and security of clients interests of the Bank".

Currently the registration procedure of subordinated debt in the National bank of Ukraine which is planned to finish till the end of current month is being conducted.