OREANDA-NEWS. July 29, 2011. There appeared the information in some mass media that the National Bank of Ukraine has appointed its curator for PJSC "Kreditprombank". In this connection we would like to inform the following, reported the press-centre of Kreditprombank.

We do not have any official information regarding appointment of curator of the National Bank of Ukraine for PJSC "Kreditprombank". We consider that there is no objective basis for curator’s appointment. The Bank fulfills in full all its obligations to depositors, borrowers, investors and lenders and in accordance with terms provided for by agreements. The Bank has stable financial standing and considerable reserves of liquidity. As of 25.07.2011 it has the liquid assets (correspondent accounts, cash, state bonds, free from any liabilities) in amount of UAH 1070 MIL, the excessive liquidity of the bank exceeds UAH 800 MIL.

Continuous improvement of financial indicators of the bank also demonstrates stable and efficient work of Kreditprombank. The gradual increase of net assets of the bank, operating, interest and commission and fee income, balances on accounts of legal entities and natural persons is shown. The Bank successfully fulfils the tasks on profit generation in the interests of shareholders, enlarges its representation in the domestic market, increases volumes of business. Therefore, Kreditprombank and its shareholders have forwarded all necessary resources for further growth and development of business. By results of Kreditprombank's work in 2010 the rating agency "Expert Rating" has awarded to the bank (Рi)-rating of the bank's reliability at the level of А +, according to which Kreditprombank was recognized as one of the most reliable banks in Ukraine.

Actually the Bank continues to operate in regular mode, maintains its high level of capitalization, remains one of the reliable and stable financial institutions enjoying considerable confidence both from part of borrowers and depositors.

The Public Joint Stock Company "Kreditprombank" is a stable universal commercial bank represented in the financial market of Ukraine since 1997. According to the NBU’s classification it is included into the group of the largest banks of the country.

The Bank provides full range of financial services for the corporate and retail clients, representatives of small and medium business and its customer base amounts to about 400 thousand of physical persons and 18 thousand of legal entities. As of 01 July, 2011 the regional network of branches and outlets of "Kreditprombank" included 185 sale points.