Bank Finance and Credit Attracted USD 5 mln
OREANDA-NEWS. June 08, 2010. The Bank "Finance and Credit", within the limits of program realization of the increase of capitalization level, finished registration process of the funds at the National Bank of Ukraine in the volume of USD 5 million, attracted from "Bloomshine limited" (Great Britain) on conditions subordinated debt. Term of funds attraction– 7 years.
According to the Chairman of the board of the Bank "Finance and Credit" Vladimir Khlyvniuk: "We have developed capital strengthening program and we accurately adhere to it. Besides, we're planning to increase the Bank level of capitalisation in June and July".
The previous enhancement of the Bank's regulatory capital in the volume of USD 10 million USD took place in April, 2010 at the expense of the attraction of funds under the terms of subordinated debt.
From the beginning of the year the Bank attracted funds in total amount USD 52,5 million USD on the conditions of subordinated debt.
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