planning to become a client of the bank to deposit or to open an account, the first thing a person does not study only the history of the financial institution, but also the numerous reviews."Financial Initiative" - this is exactly what the banking institution, which attracts attention.A huge number of branches all over Ukraine indicates a high level of financial organizations on the demand for its services.On the other hand, there are quite a lot of negativity and not credible reviews.Bank "Finance Initiative" offers a very interesting conditions of partnership, but first things first.
little history
Bank entitled "Financial initiative" is not the last financial institution in Ukraine.Its history began in 2004.In the early stages of their development organizations offer high-quality services and to individuals and legal entities.The establishment of fully cope with their obligations, and claims it has not been.The facility is part of the Association of Ukrainian Banks, is a member of the Kiev stock exchange PFTS and the "UkrCard."On account of the bank's membership in such reputable associations like PARD, UNIAN, SWIFTIn accordance with the size of the regulatory capital of the type and amount of assets related to the institution of the second group.Despite the negative reviews, "Financial initiative" took fourth place in the rating of Ukrainian banks.The authorized capital is 2 000 000 thousand hryvnia.For example, in the last reporting period of 2012, the profit of the institution was almost 500 thousand hryvnia.Interest income in pure form for the last reporting period of the same year, equivalent to 1,288,383 thousand hryvnia.But this is history.
attractive program for clients
bank "Financial initiative" deposit offers very interesting and with a good interest rate.There are several formats of cooperation with different programs:
- Initiative deposit with monthly interest payments.Its duration of 12 months.
- interesting deposit with monthly interest payments and the possibility of replenishment.The duration of the contribution of 12 months.
- International program with capitalization and ability to replenish.Program duration 12 months.
There are such deposits as "Major", "Loyal" and "practical".They differ from each other and provide very favorable conditions for investors.Until 2012, the deposit programs of financial institutions were extremely positive reviews.Bank "Financial initiative" timely pay interest and upon the expiration of the partnership return funds to investors.The first violation of the rules of partnership were seen in 2013.
turn to history, look at the bank's actions today.Bank "Finance Initiative", which department are located in different parts of the country, is a purely Ukrainian institution.The owner of his shares in favor of "Invest-Service".As chairman of the institution takes Andrew Tsyktor.The financial institution, with assets in the amount of 9.9 billion hryvnia, in recent years been actively involved in the inter-bank transactions.Representatives of the institutions engaged in attracting material resources at very high rates.It is worth noting that more than 50% of funds attracted by the bank are, in fact, inter-bank loans.More than 80% of the outstanding trades in the interbank money - it is corporate loans.The media systematically leaking information that the main creditor bank acts as the owner himself, but not in person, but in the face of a businessman.Bakhmatyuk, he is the official owner of the establishment, systematically rejects this theory, insisting that its business does not lend through cooperation with affiliated banks.
Despite adversity
Operating since 2004, the bank "Financial initiative", feedback from staff which had a positive connotation, always fulfilled its obligations to customers.Despite the difficulties, which vehemently denies the owner of the institution, financial institution continues to offer a wide range of public services, SMEs and corporate sector.Among the most important proposals:
- huge range of deposits.
- Multilateral remittances.
- sale of coins and precious metals.
- service current accounts, including virtual metals.
- a bank guarantee.
- Daily and systematic RKO.
- Providing cells for storage of securities, precious metals.
- emissions, including the organization of buying and selling.
- leasing and factoring.
- Custody services.
organization continues to adhere to its policy: an individual approach to each client.The main banking operations are carried out through the main office, which is located in Kiev.Numerous self-service kiosks operate in cities such as Butts and Rivne, Dnipropetrovsk and Lviv, Donetsk and Zaporozhye.One of the major branches - the bank "Financial initiative" (Kharkiv).Customer feedback about the work of the branch is increasingly positive.
As customers take?
Each client is a financial institution with great enthusiasm suggests a warm welcome.On the friendly staff, smiling cashiers and managers say many reviews."Financial Initiative" - an institution where a great job to create the first good impression on cooperation.If you have questions experts explain everything in detail, pick up each client service is the format that most suits him.As spoken by the majority, doubts about the reliability and integrity does not arise.There is a feeling that the money is now in safe hands.However, this is only a first impression, which in most cases is misleading.There is also the opposite side of the coin, described the negative reviews."Financial Initiative" in the past two years has started to violate the terms of the partnership, explaining some obscure factors.Under the blow fell depositors.
What happens to the owners of the deposits?
From 2013 began to appear on the internet negative feedback from people who, in their words, had the imprudence to entrust the establishment of their savings.At first everything went smoothly cooperation.Interest is accrued on a monthly basis, without any delays.All wishing cashed the money without any complications.Closer to 2014 interest on deposits became much delay that caused some excitement among customers.On the situation turned a blind eye as long as it did not come to remove the deposit.Oddly enough, but there was a set of excuses as to why the issue at hand is not the money in the state bank "Financial initiative".Deposits, reviews of which were the best, did not justify itself.According to investors, the financial institution was to offer a universal program in which people want to give half of the deposit in hand, but on the condition that the second part of the contribution will be re-registered under the new contract for a new term.Not knowing how to get their money, investors have to agree even on such proposals.
What currency deposits?
strengths that have always distinguished the bank "Financial initiative", - deposits.Reviews of them over the years have had a positive connotation.First indignation appeared on the Internet and in the media on behalf of the holders of foreign currency deposits.They argue that the agreement after the bank refused to give arms dollars.Agency staff continued to explain and explain all restrictions NBU.At the same time, in fact, such a rigid framework does not exist.Foreign currency translations are open and everyone can pull off a bank or card amount not exceeding $ 500 or the equivalent of 15 thousand hryvnia.According to some customers, the bank proposed to issue foreign currency deposits in local currency, but not in the above amount, not more than 1,000 hryvnia per week.The absurdity of such a situation, once again proving it is not necessary.Another story is connected with clients who have decided to terminate the contract on the deposit due to personal circumstances.What was their surprise when, in the bank "Financial initiative", reviews depositors which had previously been only positive, it reported a loss of interest in the event of termination of the agreement.At the same time the document was registered item, under which upon the dissolution of the partnership interest will be recalculated at a rate of 0.5%.To say more would zavyaleno a penalty of 17% of the deposit amount.That's what a contract is not exactly provided.In an attempt to explain the situation to achieve customers was dry redirected to the official website to find information.Proceedings on this matter are under way today.
money through the rally, complaints and media
The fact that the bank "Financial initiative" the problem is far from being frivolous, say not only reviews on the Internet, and widespread circulation in the media and even in the anti-monopoly committee and the committee for the protection ofthe rights of consumers.The reliability of this information to check is problematic, but it is on everyone's lips.After refusing to give employees of the bank deposit customers are not lowered his hands and began to operate actively.In Kharkov, there was even a protest outside the department assembled with placards.After raising hype financial institution, albeit reluctantly, but gradually begin to fulfill their obligations.There is reliable information about what people do get their hard-earned money, though a few months later and agreed in part.The main thing that has been achieved and that the situation of the right managed to defend, despite the economic difficulties, not only financial institutions but also of the entire state.
What are the statistics?
As mentioned above, the customer reviews the bank "Financial initiative" - it is not always a reliable source of information.It is much more about the actual state of affairs in the organization is able to tell the official statistics.We have already mentioned that the financial institution in the ranking National Bank of Ukraine took the second place and there is a lot to be proud.The problem is that the information is correct, but only partially.The position went to the bank on the basis of equity and building on the asset size of which is (at last count) 17,538,523 hryvnia.On the liability side, the amount of which is equal to 14,964,810 UAH, they brought the bank to third place ranking in the same 2014. But the most interesting thing to come.During the last quarter of 2014 showed a financial institution in the amount of the loss-making situation 86 394 hryvnia.And here already, something to ponder.This digital value is almost automatically was thrown on the establishment of 12 out of 158.
Strange attempts to rectify the situation
Issuance half the contribution while the second part of renewal for another six months - this is not only one of the tricks used by "Financial initiative" (bank,Kiev).Reviews tell a lot of interesting.Some people were asked to pick only the interest on deposits and no more than 15% of the deposit.Moreover, contributors constantly indicate that their accounts are blocked and they are not able when necessary to pay the store.The problem of inoperability and inactive card, which was first seen in early 2014, has now become even more urgent.Officially, the bank employees claim that no violations on the part of the institution in terms of the duties on deposit contracts there.Moreover, the deputy government in the face of Andrei Demchenko in an interview with the official left from a direct answer, and focused on the numerous bonus programs on a possible increase in the limit on withdrawals and higher interest rates.After investigative experiment in one of the offices of Kiev, the experts found that the card actually inactive, and get your hands on the mono no more than 15% of the size of the deposit and interest.Experienced lawyers see the situation of human rights violation and forced prolongation of the deposit.
Doubtful liquidity
Everything written above only leads to the idea that the bank "Financial initiative" is not able to provide the optimal level of their liquidity.If in the near future the situation will not change, and conditions for the issuance of deposits will not stop contradict Ukrainian legislation and the Civil Code, the organization may partially suspend its work to clarify the circumstances.At this point, if there are people who have deposits in the facility, for which the term of the agreement has already been exhausted, they should proceed as follows:
- Send complaint to the National Bank of Ukraine.
- sue a claim about how to recover from the financial institution the full amount of the deposit.
Today, the bank continues to operate and continue to accept contributions from interested parties.You can say that you should not believe the beautiful advertising and tempting interest.Feedback from staff on the bank, of course, positive but they can not really believe it.To tell the truth, and then losing a job nobody wants.Dynamics profits perfectly illustrates the situation in the corporation.The first signal appears to be more attentive when the bank offers the most competitive rate of interest on the deposit.It is worth considering that the establishment management prompted a partial waiver of the profit and going beyond the existing regulations.
