OREANDA-NEWS. On August 01, 2007 “First Ukrainian International bank” (FUIB) has started selling silver bars complying with world quality standards, reported the press-centre of FUIB.

The bars are produced by well known all over the world refining company “Umicore AG & Co KG” (Germany), participant of the London Bullion Market Association.

The Bank offers for sale the bars with the weight of 10, 20, 50, 100, 250, 500, 1000 grams to be used either as a gift set or in jewellery industry. Special conditions are provided for wholesalers. The conditions of silver bars purchase are as simple as they are for purchase of gold bars. The operation is performed within few minutes.

According to the Head of the Cash Operations Division of FUIB Tatyana Panchenko, the sale of silver bars was organised with the aim of broadening the range of services rendered by the Bank by means of supplying the Bank clients, legal entities and individuals, with liquid and reliable object to invest their free monetary funds in. The experience of selling gold bars gives the Bank confidence in positive perception of these new instruments by the internal bullion market.

The Bank has been active in gold bars sale since 2003. As of August 1, 2007 the Bank imported and sold 540 kg. of fine gold.

Small bars with the weight of 1, 5 and 10 grams are in the greatest demand among private clients, the bars with the weight of 100, 250 and 500 grams are mainly bought by jewellers.