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Stepan Chernovetskyi
PRAVEX-BANK successfully paid credit to “Merrill Lynch” International Investment Bank at the amount of USD 30 m.
Date: 15 april 2008
At that time when world market is shaken by all new attacks of global crisis and the largest economics of planet is far from the best times, Ukrainian banking system shows stable development and positive growth.
Striking example is credit transaction that was completed on April 11 between PRAVEX-BANK and international investment bank "Merrill Lynch", as a result of which PRAVEX-BANK performed its obligations on direct blank credit, having paid USD 30 m. in full and in time.
We would like to remind as well that this credit drawn by PRAVEX-BANK a year ago was the first experience of entry to the international market on big loan attraction. And now, we can state with confidence the successfulness of this responsible step.
Thus, PRAVEX-BANK again confirmed its stable status of reliable bank, trust-deserving at national market as well as international one.
"The fact of successful completion of such big bargain shows great possibilities for foreign banks on funds investment into financial sector of Ukraine, and for domestic banks it gives one more argument for successful attraction of big international loans, even under conditions of international crisis", — comments by Stepan CHERNOVETSKYY, Chairman of Supervisory Board of PRAVEX-BANK.
Events
- 5 december 2007 PRAVEX-BANK registered a report about results of B series bonds floatation at UAH 100 mln.
- 13 december 2007 PRAVEX-BANK paid UAH 1,7 m. of interest income for the fourth coupon period on A series bonds
- 25 december 2007 PRAVEX-BANK paid uah 3,1 m. of interest income for the first coupon period on “B” series bonds
- 28 december 2007 Bonds of JSCB PRAVEX-BANK of B series are included into quotations list of PFTS second level.
- 11 february 2008 PRAVEX-BANK paid UAH 6,6 m. of interest income for the first coupon period on C series bonds
- 12 february 2008 PRAVEX-BANK finished earlier C series bonds allocation for the amount UAH 220 m.
- 15 february 2008 In the first half-year of 2008 PRAVEX-BANK is planning to attract syndicated credit for USD 50 m.
- 11 march 2008 PRAVEX-BANK received certificate of Securities and Stock Market State Commission on С series bonds
- 28 may 2008 PRAVEX-BANK increased authorized fund UAH 120 m
- 19 june 2008 PRAVEX-BANK registered amendments to Bank’s Statute about authorized capital increase
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