Ukrprombank's activity for a period of moratorium on satisfaction of creditors' demands

In order to create favorable conditions for resumption of bank's stable activity the 6 months moratorium on satisfaction of creditors' demands is imposed for a period January, 21, 2009 - July, 21, 2009.

The bank is held liable for all its clients. In order to draw income from deposits with the expired period of validity, the bank suggests to redeposit the sum for a new period not less then 6 months according to current interest rates. Interest rates accruing for the active deposits is made in full.

On January, 21, the National Bank of Ukraine has put into operation its acting administration to Ukrprombank. The acting administrator is Olexandr Maydanyuk. The aims of the acting administration are depositors and creditors protection, capital and assets safe keeping, business activity stabilization, financial condition improvement.

Ukrprombank's activity by the end of 2008 is profitable. Ukrprombank maintains a service of business accounts of numerous public institutions, thousands of natural persons, plentiful card accounts, legal entities, provides salary projects. Bank is a creditor of leading Ukrainian enterprises, an authorized bank of Pension Fund of Ukraine concerning pensions and pecuniary aid payment in all regions of Ukraine, it has been carrying out a profitable activity during all its history and on the whole plays a significant role on financial market of Ukraine.

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Ukrprombank was registered in 1989. As of January 1, 2009, the network of Ukrprombank's branches consists of 323 branches and offices; the number of ATM's is 571, the number of bank terminals is 512; the number of trade terminals is 895.

Ukrprombank is in the first group of banks according to the rating of National Bank of Ukraine (largest banks).
As of January 1, 2009, the assets of the bank amounted to UAH 16, 000.4 mio.; the credit and investment portfolio amounted to UAH 12, 643.9 mio.; regulative capital of the bank amounted to UAH 1, 699.3 mio., the deposits of natural persons amounted to UAH 7, 900.8 mio.; the deposits of legal entities amounted to UAH 2,044.2 mio.

Press-service of Ukrprombank