Bank Finance and Credit Attracted USD 25 mln
OREANDA-NEWS. July 30, 2010. The Bank Finance and Credit successfully finished registration process in the National bank of Ukraine of funds in volume USD 25 million, attracted from "Bloomshine limited" (Great Britain) on conditions of subordinated debt. Means are attracted within the limits of program realisation on increase capitalization level of the Bank. Term of attraction of funds – 7 years.
According to the Chairman of the Board of the Bank Finance and Credit Vladimir Hlyvniuk: "We have executed the confirmed program of increase in the capital of the Bank ahead of schedule, and as a whole from the beginning of 2010, have attracted about UAH 700 MIO on conditions of subordinated debt. Taking into account last attraction of funds, adequacy level of regulative capital on the beginning of August will be predicted to make up over 13%, at standard value of the NBU not less than 10% that allows Bank further provision of the enterprises of real economy with so necessary credit resources".
The previous increase of regulative Bank capital in volume USD 11 million took place in the end of June, 2010 at the expense of attraction of means on conditions of subordinated debt.
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