The National Bank of Ukraine will support Kharkov Real Bank with the credit of almost 1 billion hryvnas
According to the announcement of the National Bank of Ukraine published at the website of the Government Commission on Securities and Stock Market, the former has opened a non-revolving credit line of 800 million hryvnas to PAO Real Bank (Kharkov) until November 1, 2015. The credit agreement was signed on November 8. The funds, supplied under the interest of 8.5 percent, which is required to be paid on a monthly basis, are allocated for maintaining the liquidity of the bank.
According to the bank the sum of the first tranche amounts to 164 million hrn., which is secured by real estate as a collateral.
As of May 1, 2103 the regulatory capital of the bank amounted to 313 million hrn., net assets – 1,517 million hrn., credit portfolio – 994.28 million hrn., deposits of the clients – 829 million hrn., net profit – 0.8 million hrn. The value of net assets was 921,808,876 hryvnas as of January 1, 2013.