OREANDA-NEWS. February 01, 2011. In 2010 the Bank made tax and social payments to the state budget in the amount of UAH 129.7 million. Besides that the amount of UAH 1.565 million was donated for charitable purposes.

The 2010 financial results of Finance and Credit Bank showed that the Bank's net assets made up UAH 22.367  billion as of January 01, 2011. 

The Bank's operating profit for 2010 improved significantly to amount to UAH 755 million, which is by 117 million higher in comparison with the same value reported in 2009. Only in 4Q 2010 the Bank earned operating profit of over UAH 207 million.

The financial result of the Bank showed a loss of UAH 188.6 million. The Bank's loan portfolio rose by over 13% to reach UAH 18.849 billion, including the corporate loan portfolio that made up UAH 14.651 billion as of January 01, 2011.

As of January 01, 2011, Finance and Credit Bank formed provisions in the amount of UAH 1.53 billion to cover risks associated with all active bank operations.

The Regulatory capital adequacy ratio of Finance and Credit Bank made up 12.76% as of January 01, 2011.

The Bank services over 143 thousand term deposits of individuals, and over 247 thousand current accounts. As of January 01, 2011, the value of funds on term and current accounts of the Bank's individual clients grew by nearly 38% in 2010 to reach UAH 6.203 billion, of which UAH 5.765 billion is the value of funds on term deposit accounts of individual clients.

The value of funds on term deposits of legal entities increased by over 82% in 2010, which is equivalent to UAH  1.362 billion, to amount to UAH 3.009 billion. 

As of January 01, 2011, Finance and Credit Bank services over 567 thousand payment cards of the international payment systems VISA and MasterCard. The card business infrastructure includes  4,994 bank service outlets, 449 ATMs and 546 cash withdrawal points. As of January 01, 2011, the Bank implemented over 5,250 salary projects.

The 2010 turnover of the "AVERS" international money transfer system created in the Bank made up over UAH 2.3 billion. The System cooperates with 42 agent banks as well as with 5 foreign partner systems. It consists of over 1,000 service outlets on the territory of Ukraine and nearly 50 thousand outlets abroad.

Being the largest importer of foreign cash currency, Finance and Credit Bank imported approximately USD 1.26 billion, EUR 44.3 million to the territory of Ukraine in 2010. Besides that, the Bank sold 921 kg bank metals.

As of January 01, 2011, Finance and Credit Bank Network comprises 16 bank branches and 305 off-balance outlets that operate in all regions of Ukraine. As of January 01, 2011, the Bank employs nearly 5 thousand employees.