Dynamics and structure of liabilities of JSCB "Pravex"

Offering some of the most favorable conditions for placing on the market of bank deposits deposit services, Pravex achieved such results in 2007. compared to 2006: increasing the amount of funds raised by 86.93% in local currency and 39.07% - in U.S. dollars, an increase of the deposit portfolio by 134% - in national currency, at 56.35% - in dollars U.S., at 10.32% - in euros, an increase in the number of open accounts for 24 363 - in national currency and in 8088 - in U.S. dollars. The effectiveness of the bank deposit is also confirmed by the high estimate of his image and reliability with its customers. Pravex among the top five financial institutions in the country in terms of public confidence. According to the Association of Ukrainian Banks, Pravex, at 01.01.08g. among the top ten banks in terms of the deposit portfolio of individuals, but the fate of term deposits in total portfolio of term deposits of individuals and entities according to the Association of Ukrainian banks is 89.46% (Pravex included in the top five Ukrainian banks). The fate of term deposits in total bank's portfolio of term deposits reflects the reliability of the financial institution to the fact that, as a rule, individuals placed a large number of small amounts of deposits, and entities are placed large deposits. Thus the effect of each small investor is minimal and may not result in destabilization of the bank. Category: Financial Management