The net profit of Bank Finance and Credit (Kyiv) in 2012 came to UAH 3.166 million, while in 2011 its net loss stood at UAH 79.163 million, reads a bank report.

The bank said that its net profit in the fourth quarter 2012 totaled UAH 1.613 million, while in October-December 2011 its net loss amounted to UAH 82.295 million.

The bank's report says that its net interest-bearing income in 2012 came to UAH 250.92 million, or 34.4% down on 2011 (UAH 382.652 million). Its net interest-bearing income in the fourth quarter of 2102 stood at UAH 28.592 million, which is 8.5 times up year-over-year (UAH 3.373 million).

The total assets of the bank grew by 2.5% in a year, to UAH 22.548 billion, including a rise of 5.5% in loans and debts of clients, to UAH 18.427 billion. As of January 1, 2013, the bank formed reserves for overdue credits at UAH 1.751 billion, or 9.5% of their total sum (9.9% as of early 2012).

The bank's net worth grew by 5.9% in a year, to UAH 1.883 billion, while its charter capital rose by 5%, to UAH 2.1 billion.

Bank Finance and Credit was set up in 1990. Its largest shareholders are Askania Ltd. (46.55%) and CJSC F&C Realty (49.58%).

According to the National Bank of Ukraine, as of October 1, 2012 the bank ranked 14th in terms of total assets (UAH 22.607 billion) of the 175 banks operating in Ukraine.