Other services

The Bank offers the services in creation and management the funds of financing of building and funds of operations with the real estate to build organizations and person companies-buildings in accordance with Law on financial mechanisms and property in building habitation management and operations with the real estate.

The indicated law foresees the order of financing of building of objects of the real estate by bringing in the facilities of legal and physical entities by means of creation of funds bank managements-funds of financing of building(FFB) and funds of operations with the real estate.(FORE).

The purpose of creation of funds of financing of building is investing of building of the real estate by physical and legal persons for a further receipt in the property of the real estate.

The chart of FFB functioning can be divided into such stages:

1) bank-manager of FFB (further-the bank) orders building of object of the real estate a fund, for what he signs with person building an agreement on which the last is obligated to build the object of the real estate due to the means of fund, to put him into an operation and betray the object of investing the principals of fund in the terms conditioned an agreement.The obligatory condition of conclusion of treaty is providing of the fulfilment commitment person building by establishment of mortgage. The article of mortgage by mortgage agreement is property rights on the real estate which is a building object. An insurance of buildings and installation works and responsibility of person building is also carried out before principals;

2) a principal contributes facilities to the fund and passes their jar by agreement about participating in a fund. Signing such agreement, a principal chooses the concrete object of investing (apartment or apartment of the social or living setting) from the list of given by a bank. A bank is under an obligation to fasten the chosen object after a principal, in obedience to the developed and ratified Rules of Fund;

3) a bank due to facilities of fund carries out financing of building object, controls building motion and having a special purpose use of facilities;

4) the real estate is passed to the principal after putting of building object person building into an operation.

After achievement of aims of fund a principal gets in it’s property the object of the real estate, which can boss at own discretion.

The purpose of creation FORE - receipt arrived from realization of operations with the real estate. Under operations with the real estate, operating of bank is understood under financing of building of the real estate for its the subsequent use with the purpose of receipt arrived are transmissions of the real estate in the requiring payment use the third persons, sales the real estate and realizations of other operations with the real estate, not forbidden by the legislation.

The chart of FORE functioning can be divided into such stages:

1) the bank-manager of fund makes agreement with person building;

2) a bank issues and places certificates of the Fund. The issued certificates can take place both by the opened sale and by a sale beforehand to the known circle of persons. Thus the proprietor of certificate can be any physical or legal person;

3) the got facilities from the sale of certificates are sent by a bank on financing of building of objects of the real estate. The direction of the use of the means from the sale of certificates is regulated by the Rules of the fund, by offering prospectus of emission of certificates and investment declaration;

4) a bank controls building motion and a special purpose of using the facilities;

5) a bank is registered by the right of ownership on the real estate, purchased from realization of management a fund addressed to a bank as confiding owner;

6) a bank insures the real estate and financial responsibility before the owners of certificates of fund for losses which can be caused by his actions or inactivity;

7) a bank carries the management of the fund. The facilities attracted by a bank are used on the subject of conditions of property management and in behalf of exceptional owners of certificates with the purpose of receipt of maximal income and in an order, certain investment declaration of fund. A profit on certificates is formed from realization of the built object and other operations with the real estate (lease, leasing etc.) and distributed between the proprietors of certificates;

8) after achievement of aims of fund, a bank buys certificates back and pays an investor the got profit.

Formed assets from an issue and placing of valuable papers-certificates of fund, head exceptionally for financing of building of object of the real estate. Operations with the real estate are taken into account separately from the general assets of bank. Providing of own obligations of bank due to the attracted assets is shut out. This mechanism allows the holders of such certificates (investors) to have transparent, secured and assured profit.

Limitations, entered by legislators, determine the increase of market value of the attracted assets in time and determine obligation of bank strictly. The legislator provided guarantees of interests of investors-owners of certificates, namely:

- obligatory redemption by a bank no less than 1 % from the cost of the issued certificates;

- providing the obligations of person building by the agreement of mortgage;

- providing obligatory insurance of the real estate and financial responsibility of manager before the owners of certificates of the fund.

Advantage of financing of the building by creation of funds of bank management is that principals (investors) get the additional mechanisms of defence of their investments, that allows person company-building to attract additional buyers. Both FFB and FORE operate on the basis of public Rules, ratified by the manager of fund and obligatory to implementation for all his participants.The assets of funds are taken into account separately from the assets of bank. A bank does not answer on the debts property of fund and can not use the money facilities got in a management not on the having a special purpose setting.

Unique experience of realization of the programs of financing of building has a bank by creation of funds of bank management. JSCB "Investbank" guarantees the high professional level of grant of services, individual going near every client, advantageous terms of grant of services.

Contact phones:

• Main office: (Odessa, Bolshaya Arnautskaya str., 2B) 728-74-43