OREANDA-NEWS. October 23, 2012. In 3Q 2012 Finance and Credit Bank concentrated its effort on implemening new products and services, developing the terminal network, and enhancing the "Internet Bank" system functionality.

As compared to the beginning net assets of Finance and Credit Bank, the net assets as of 01.10.2012 grewn by UAH 600 million to reach UAH 22.6 billion, the authorised capital of the Bank made up UAH 2 billion.

From the start of the year, the Bank's operating profit amounted to UAH 534.2 million. The Bank's Profit and Loss result exceeded UAH 1.5 million for the third quarter ended October 10, 2012.  The Bank accumulated UAH 1.7 billion of reserve funds to cover risks associated with all types of active operations.

In September 2012  the "Credit Rating" agency confirmed the long-term credit rating of Finance and Credit Bank that isuaBBB (investment class level) according to the national rating scale. The outlook on the rating is stable.

As of 01.10.2012  there are over 157 thousand time deposits placed with Finance and Credit Bank, and over 261 thousand current account opened for natural persons.  From the start of the year, the volume of funds on time deposit accounts of individuals had increased by UAH 959 million and reached UAH 7,8 million as of 01.10.2012. The volume of funds placed into both deposit and current accounts totalled up UAH 8.6 billion.

The number of the "Internet Bank" system users exceeded 24.4 thousand as of 01.10.2012.

As of 01.10.2012 the volume of funds placed into both deposit and current accounts of legal entities made up UAH 3.1 billion. The Bank's corporate loan portfolio was UAH 15.1 billion as of 01.10.2012, including the small business loan portfolio of 446.6 million.

In August 2012 Finance and Credit Bank launched 8 original customer self-service terminals which enable our customers to quickly top up their mobile phones, credit money to their cards, and repay their loans.

As of 01.10.2012 Finance and Credit Bank issued over UAH 570  payment cards of the international payment systems VISA and MasterCard. The card business infrastructure includes 4950 points-of-sale, 452  ATMs and 577  payout locations .

In September 2012 Finance and Credit Bank brought the cash withdrawal option at customers' disposal. From now on, our customers can withdraw cash at all cash machines on the territory of Ukraine using a MasterCard debit payroll card. Apart from all features and benefits of a payroll card, MasterCard Debit enables a customer to withdraw cash at a favourable tariff of UAH 2, without having to look for a specific place or a bank.

In 3Q 2012  staff members of the Security Service of Finance and Credit Bank detained a card fraudster in custody and brought him over to the law enforcement authority. The offender belonged to a criminal group specialising in hacking distance service systems of Ukrainian banks. Nine card fraudsters of this group made an attempt to withdraw over UAH 2.6 million in an unauthorised manner, however this did not happen thanks to immediate actions of the specialists from the Security Service of Finance and Credit Bank.

From the start of 2012, the turnover of  the AVERS international money transfer system reached UAH 2.2 billion multicurrency. The system cooperates with 69 partner banks and 5 foreign partner systems, comprising over 2.4 thousand agent locations in Ukraine and over 100 thousand agent locations abroad.

During the first three quarters of 2012, Finance and Credit Bank imported over USD 1.1 billion, €8.6 million, and sold over 592 kg bank metals. The export of US dollars within the same period made up 2.7 million and 49 million in euro.

As of 01.11.2012 the network of Finance and Credit Bank consists of 16 bank branches and 303 off-balance outlets in all regions of Ukraine.