OREANDA-NEWS. May 16, 2008. From the beginning of 2008 PLC "Megabank" placed in the deposit accounts UAH 11 800 thousand of the temporarily free funds of budgets of various levels, reported the press-centre of PRAVEX-BANK.

As Andriy Onopko, the Head of the Department of Bank Services reported:

"In total starting from the year 2008 "Megabank" took part in 39 tenders on temporarily free budgetary funds placement, held by the bodies of local councils of various levels across Ukraine. The result of this participation was the winning in 9 tenders with the total amount of UAH 11 800 thousand.

Our success lies in the flexible approach to operations with budgetary funds. Having a considerable experience with budgets of all levels practically in all regions of the country, we also consider the possibility of returning part of funds with the necessity of their usage from the deposit before due date and the possibility of deposit replenishment at the expense of the assets coming into the budget to gain additional profit. On the assumption of peculiarities of each budget mode of operation, we offer optimal conditions for placing the temporarily free budgetary funds depending on the sum, term and the way of funds placement".