OREANDA-NEWS. Bank "Finance and Credit" was forced to operate in the fierce economic environment in 2014. However, despite a number of negative factors in the banking sector, the Bank was consistent in its effort to even out a complex of financial and foreign exchange risks affecting its work, and on a par with that it continued to build on its customer base and develop new products and services.

Following the 2014 results, the net assets of Bank "Finance and Credit" reached UAH 34.2 billion as of January 01, 2015. (This figure as of January 01, 2014 made up UAH 25.7 billion). The provisions formed to cover risks associated with active transactions as of January 01, 2015 made up UAH 2.033 billion. The Bank's 2014 profit and loss positions closed to negative at UAH 215.7 million, including provisions for loans and advances to customers amounting to UAH 283.9. On a par with that, following the 2014 results, Bank "Finance and Credit" gained the net operating income of UAH 1.3 billion.

The authorised capital of Bank "Finance and Credit" grew from UAH 2.3 billion to UAH 2.8 billion over the year. All in all, the authorised capital including non-registered contributions of UAH 262.9 million made up UAH 3.06 billion as of January 01, 2015.

As of January 01, 2015, the Bank's loan portfolio exceeded UAH 29.9 billion, including the corporate loan portfolio amounting to UAH 25.5 billion. The Bank services nearly 140 thousand term deposit accounts of individuals and nearly 114 thousand current accounts. The volume of funds held in term deposit and current accounts of individual customers of the Bank reached UAH 15.248 billion as of January 01, 2015.

Bank "Finance and Credit" takes a firm position among the five largest banks of Ukraine by the volume of funds attracted from the public.

Bank "Finance and Credit" processed nearly 567 thousand payment acceptance operations monthly throughout 2014. Altogether in 2014 the Bank carried out over 6.8 million payments, which is by 13% more year-on-year.

As of January 01, 2015, in the Bank there are over 9,626 agreements on acceptance of payments from individuals in favour of legal entities. During 2014 the Bank executed over 936 payment acceptance agreements for both on-line and off-line payments.

In 2014 over 45 thousand new users were enrolled in the Internet Bank system.

The new enhanced website of the Internet Bank system located at http://fc-online.kiev.ua has new implemented features such as instant card-to-card money transfers within the country, with the funds credited to the card immediately. Also the Internet Bank system was tailored to the needs of private entrepreneurs, notaries, lawyers. The list of utility companies and enterprises whose services can be paid for in the Internet Bank system has been significantly expanded. Payments can be effected by filling in a simplified form or electronic bill delivered automatically from service providers. In 2014 the most popular service among our customers was still the service of online deposit management - 18% of all deposit replenishments in the Bank were made through the Internet Bank system.

As of January 01, 2015, Bank "Finance and Credit" services over 590 thousand payment cards of international payment systems, such as Visa and MasterCard. The card business network consists of 6,730 points-of- sale, 454 ATMs and 556 payout locations.

In 2014 the AVERS international money transfer system was actively developing - its cash turnover made up UAH 12 billion multicurrency (including transactions carried out outside Ukraine which amounted to UAH 7.9 billion), which is by 10% more year-on-year. The 2014 results show that number of transfers exceeded 2.2 million and increased by 11% respectively. The AVERS system cooperates with 6 partner systems, such as InterExpress, СТМ, Intel Express, Leader, Zolotaya Korona, Faster, and also with 110 agent banks.