Bank Finance and Credit granted financing in the volume of $5,1 million to the State Enterprise of Foreign Economic Activity "Ukrinterenergo”

     Bank Finance and Credit granted regular tranche to the State Enterprise of Foreign Economic Activity "Ukrinterenergo" in the volume of $5,1 million within the limits of the renewed credit line opened in February, 2010. Funds are granted for 6 months for economic activities operation.

      According to the Director of corporate business Dmitry Spichak: "The Bank Finance and Credit has been actively co-operating with "Ukrinterenergo" company since 2008. Currently the arrangements on salary project realisation are reached with company administration. I am confident in positive cooperation with state enterprise of high grade and believe in further mutually beneficial and multidimensional character».

Information:

       Bank Finance and Credit was established in 1990 and according to the NBU ratings it belongs to the group of the major banks in Ukraine by the volume of assets. Net assets as of 01.05.2010 made up UAH 20.699 billion, the Bank authorised capital made up UAH 2 billion.

      State Enterprise of Foreign Economic Activity "Ukrinterenergo" was founded in 1993 for the purpose of organisation, coordination and foreign trade activities realisation under programs and projects in energetics. The enterprise carries out export-import operations of the goods and services in power economy: power equipment, energy carriers, and also is engaged in designing and bringing into service of power objects, including equipment deliveries, installation, adjustment and the subsequent service.
       "Ukrinterenergo" is under supervision of the Department of Fuel and Energy.