News of the Bank

PRAVEX-BANK increased consumer credits issue

In accordance with analysis fulfilled by specialists of consumer crediting department of PRAVEX-BANK significant tendency of number increase of issued credits comparing with the previous year was defined. Thus within seven months of the current year the Bank issued more than 276 thousand of consumer credits on the amount more than UAH 598 mln. For comparison, for analogous period of 2006 there were issued 221 thousand of credits at the amount of UAH 485 mln. i.e. relative growth of issued credits number constitutes 25%, that in actual terms constituted 55 thousand of credits.

Total amount of issued consumer credits since 01.05.2001 (issue of the first credit) and as of 01.08.2007 constitutes — 1,150 mln. of credits at the amount more than UAH 2,401 bln. Roman Valesyuk, Senior Vice-Chairman of the Board of PRAVEX-BANK who is in charge of consumer crediting department work, informed it.