OREANDA-NEWS. March 12, 2012. During the meeting the Supervisory Board of PJSC "MEGABANK" has heard the report of the Management Board about results of the bank’s activities in 2011 and has also approved the guidelines and tasks for 2012. Besides, members of the board have studied the strategy of "MEGABANK" for 2012-2015 and have decided to suggest it for approval at General Shareholders’ Meeting to be held on 10 April 2012, reported the press-centre of MEGABANK.

While talking about plans concerning the bank’s activity for 2012, the Head of the Supervisory Board Viktor Subbotin offered to keep up the pace as for growth of volume of banking activities, performed in 2011. It is planned to increase bank assets by UAH 1 bln. (or 22%). The given rate will be reached at the expense of a credit portfolio growth; the amount of the portfolio should increase by UAH 839 mln. (or 25%). Moreover the bank is planning to increase the amount of loans to small and medium-sized businesses by UAH 518 mln., and by UAH 310 mln. to corporate customers. Thereby, the share of loans to SMB in common amount of credit portfolio will make 42% by 2013; and this corresponds to the strategy development plan of the bank.

Credit portfolio growth is planned to be ensured first of all at the expense of attracting customers’ assets at the internal market as well as continuing active cooperation with international financial institutions as for funding. It is planned to increase the amount of term loans to customers by UAH 592 mln. and the volume of borrowings at international market by UAH 155 mln.

Reference. PJSC "MEGABANK" has been operating at the banking market since 1990. The shareholders of "MEGABANK" are European Bank for Reconstruction and Development (EBRD), German State Bank (KfW) and the International Finance Corporation (IFC).

Regional network of "MEGABANK" has 201 offices in 24 regions of Ukraine. The bank's assets are 4, 834 million UAH., Loan and investment portfolio is 3, 631 million UAH., The bank's capital is 759 million UAH., Current year profit is 320 thousand UAH.

"MEGABANK" offers a full range of classical banking services used by 448,000 customers, including 122,000 recipients of pensions and other social benefits.

Nowadays PJSC "MEGABANK" is the member of Association of Ukrainian Banks (AUB), Association of Ukrainian Credit-bank Union (UCBU), Kharkiv Bank Union, the Professional Association of Registrars and Depositories, OJSC "Interregional Stock Union" (ISU), the First Stock Trading System (FSTS), the Deposit Guarantee Fund, the Ukrainian Interbank Currency Exchange. The bank also is a partner of "Western Union", partner-participant of the international money transfer systems "PrivatMoney", "MoneyGram", "Anelik" and "Allure". "MEGABANK" is the first Ukrainian bank which has started to implement the National system of mass electronic payments (NSMEP). In addition, the Bank is a member of international payment systems "Master Card" and "Visa International". For today the bank has issued 326,000 cards, has a developed infrastructure of 96 ATMs and 162 terminals.