Finance and Credit Bank Records Largest Volume of Import of USD
OREANDA-NEWS. July 29, 2011. From the start of 2011 Finance and Credit Bank has imported over USD 1.318 billion which is by USD 58 million exceeds the 2010 annual figure.
"Our forecast of the public expectations for the currency proved to be true, so the volume of cash dollars imported by the Bank in the first half of 2011 increased significantly. The Bank achieved perfect results during this period, but we are not going to stop." - summed up the Vice Chairman of Finance and Credit Bank Igor Lvov.
"The reason why the volume of US dollars imported by the Bank has grown by more than 9 times as compared to the same period in 2010 is, above all, the increasing demand for dollar and spending power of the public. It becomes particularly noticeable at the time of the holiday season. The facts that the eastern resort areas dominate the Ukrainian tourists' favourite destinations and that US currency is still preferred there account for such volumes of USD import and make them not surprising. For our part, we are prepared to do our best to ensure that our customers need not deny themselves pleasures of a good rest." - added Mr. Lvov.
Finance and Credit Bank has also strengthened its position as the largest supplier of precious metals. Over 888 kg of bank gold and silver, as well as over 10.2 thousand silver and gold coins have been imported by the Bank into Ukraine since early 2011. Apart from that, Finance and Credit Bank offers to buy back bank bullions from its customers: as of 1.7.2011 the Bank bought back 280 kg of precious metals from the public.
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