DGAP-News: Nadra Bank: Liquid assets of NADRA BANK increased by more than five times

EquityStory.RS, LLC-News: Nadra Bank / Key word(s): Miscellaneous
Nadra Bank: Liquid assets of NADRA BANK increased by more than five
times

02.02.2012 / 10:46

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Liquid assets of NADRA BANK increased by more than five times

At the end of 2011 liquid assets of NADRA BANK increased by more than five
times. In particular, cash balances increased more than twice and balance
on the correspondent account with the NBU increased by 8.3 times. The
shareholders– equity increased by 10 times.
In 2011 more than 6 thousand legal entities became clients of NADRA BANK.
Financial products for corporate and SME clients developed in 2011, and
also personalized approach, flexible pricing terms facilitated growth of
term and current funds of legal entities for 103%. Also the loan portfolio
of the corporate clients increased by 18% as compared to 2010.
In 2011 NADRA BANK concluded agreements for service of salary projects with
more than 1.5 thousand enterprises and entities. The Bank issued 225
thousand of salary cards, which exceeds this indicator for 2010. At the
same time the amount of monthly salary payments and welfare benefits
through the cards of NADRA BANK triplicated.

Press Service of NADRA BANK
pr@nadrabank.kiev.ua
www.nadra.com.ua

Company profile:
Nadra Bank started its activities on 26 October 1993. At present Nadra Bank
is a universal commercial bank, which belongs to the group of largest
Ukrainian banks. Nadra Bank is a participant of the Deposit Guarantee Fund.
Equity capital of the Bank constitutes UAH 3.9 billion.

End of Corporate News

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