OREANDA-NEWS. November 02, 2009. MEGABANK,PJSC continues its activity on providing the clients with banking guarantees. About this informed the bank’s deputy Chairman of the Board Alexander Shypilov. According to his words, this instrument enables the bank’s clients to perform various operations on domestic and foreign markets, ensure payments, fulfillment of contracts, guarantee the return of advances on contracts, as well as participate in tender trading. The bank offers to its clients services on various guarantees - payment, guarantee of return of advance payments, obligations fulfillment guarantees, tender guarantees, reported the press-centre of MEGABANK.

A. Shypilov underlines that as of October 1, 2009 the portfolio of issued guarantees was UAH 109,4 million, what by 57% more, than the same date 2008. According to his words, the volume of documentary operations grew by 40% for this period.

The increase of number of bank’s clients, using the guarantees services, is explained by the fact that MEGABANK,PJSC ensures a quick review and formalization of documents, considers individual needs of the clients and handles the different types of operation security (property rights for money kept in the bank, pledge of movable and immovable property, collateral), informed А.Shypilov.