KIEV, July 22 – Finance & Credit Bank has asked holders of its $100 million of eurobonds due January 2010 to take part in discussions on the possible change of the conditions of the bond issue.

A report of Finance & Credit Ukraine B.V., which issued eurobonds to fund a VTB Bank Europe plc loan to Finance & Credit Bank, says that the Ukrainian bank hired Morgan Stanley as advisor on changing the conditions on the eurobonds.

Deutsche Trustee Company Limited is a trustee on the issue.