Bank Finance and Credit Comments on Blocking of Corresponding Accounts
OREANDA-NEWS. July 15, 2009. According to the Chairman of the Board of the Bank "Finance and Credit" Vladimir Hlyvniuk: "There are not settled but acclaimed by us debts against Cargill company in the amount of USD 44 million and we intend to restructure our obligations. Negotiations are conducted within the framework of the general process of negotiations on re-structuring of the Bank obligations to foreign investors".
"Thus we consider to make the best effort to maintain the equality of all creditors", - underlined Vladimir Hlyvnjuk. "We do not refuse the obligations to any Bank creditor, and we want to carry on negotiations for re-structuring of external debts on positions of the equal approach with all creditors"
"Despite the current situation between the Bank and Cargill Company, it did not influence Bank liquidity, the operational activity of the Bank is carried out in the usual mode and Bank clients receive full services" - added Mr. Hlyvnjuk.
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