Retail Deposits of Bank Finance and Credit Grew by UAH 800 mln
OREANDA-NEWS. July 15, 2010. Since the beginning of 2010 retail deposits of the Bank Finance and Credit grew by over 17% or UAH 800 mlnin multicurrency, and as of 13.07.2010 made up UAH 5.38 billion. And over 60% эof these funds are deposits with the term of 12 months and more.
As of 13.07.2010 the Bank serves over 135 thousand retail term deposit accounts as well as about 242 thousand current accounts. Funds on retail term deposit accounts as of 13.07.2010 made up UAH 4.97 billion.
According to Sales Department Director of the Bank Finance and Credit Igor Shevchenko - `Situation in the banking market has not only stabilized but has been a clear evidence that the crises in in the past. Not only overliquidity in some banks may be considered as a main sign of recovery but also stable tendencies to reduction of deposit rates and renewal of mass consumer lending programms. The level of avarage weighted rate of year-long deposits in UAH along the banking system also proves it, this level reduced from 23% (as of 01.01.2010) to 18% (as of 01.07.2010)`.
Since the beginning of the year the Bank Finance and Credit has developed deposit programs Standard and Classic in RUB, which is a logical continuation of enhancement of deposit range performed by the Bank Finance and Credit. Apart from usual deposits customers are offered to use Pound Deposit in GBP and Fresh Breeze Deposit for sailors that are very popular among population.
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