Finance & Credit Bank ended I quarter of 2015 with losses amounting to 715.777 million hryvnias, RBK-Ukraine (РБК-Україна) reports, with reference to the bank.
According to the data made available by the bank, the loss in IV quarter of 2014 was 13 times less – 54.746 million hryvnias.
Upon results for January-March 2015, assets of the bank amounted to UAH 41.470 billion. For comparison, as of January 1, they stood at UAH 34.202 billion.
Significantly, in February 2015, the NBU resolved to issue a stabilization loan to Finance&Credit Bank to help keep liquidity and timely fulfil its obligations to depositors.
According to the NBU’s data as of January 1, 2015, Finance&Credit was listed in the first group of banks in terms of assets. The main beneficiary of Finance & Credit is non-affiliated parliamentarian Konstantyn Zhevago.
