OREANDA-NEWS. June 16, 2011. With a view to fulfilling the resolution dated 27 May 2011 of the Pension Fund Contest Commission on selecting banks, Finance and Credit Bank has expanded its network of points of pension and social welfare payouts. Now Finance and Credit Bank has a right to attract and service customers in 24 regions of Ukraine, Autonomous Republic of Crimea, Kiev and Sevastopol.

As of 01.06.2011 the total number of pension and social cards of Finance and Credit Bank is over 76 thousand, the balance of funds on card accounts intended for pension and social welfare payouts has exceeded UAH 135 million.

According to Head of Passive and Settlement Operations Department of Finance and Credit Bank Lyudmila Radchenko: "Convenience and comfort of our customers are what we are constantly focusing on. We are happy that with every new year we are becoming closer to all our clients, particularly to those who need it most, – pension and subsidy recipients. The increase of 135% in the balance of funds on card accounts for pension and social welfare payouts indicates the heightened attention to this service".

Under the Bank's Pension Programme a client gets his/her card account opened and a pension payment card issued for free. The interest on the card account balance is accrued monthly at the rate of 10%. Apart from that Finance and Credit Bank offers pension recipients a special deposit facility FCB "Pension" with a raised interest rate and monthly interest payment.

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Finance and Credit Bank was founded in 1990 and ranks among the largest banks by the volume of assets according to the NBU classification. Finance and Credit Bank network consists of 16 bank branches and 305 off-balance outlets in all regions of Ukraine.