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01.08.07 Since January the volume of pension payments of VAB Pension grows by 90%
In the first 6 months of 2007 the volume of pension payments made by VAB Pension increased by 90%, or UAH 27 200 and have now reached UAH 30 700.
All pension payments were carried out as a single, as private pension have only been available in Ukraine since 2004. In this short period depositors have not been able to accumulate the amounts necessary to receive significant payments in pensions.
According to the General Director of VAB Pension, Sergey Ermakovich, the good reputation and the clear and timely fulfilment of the commitments towards the depositors of the served funds are the necessary fundamentals for a successful development of VAB Pension, when working in the private pension fund market.
Today VAB Pension is the partner of more than 800 enterprises — corporate depositors — and about 4 000 individual clients, Of these 49 depositors are already getting pension payments and are satisfied with the reliability and competence of VAB Pension.
Reference dataVAB Pension was founded in March, 2004. Since October 2006 the company has been a member of the universal finance VAB Group.
The company is specialized in providing private pension schemes. A founder of VAB Pension is the international holding TBIH Financial Services Group NV (through Ukraine Pension and Insurance Holding B. V.), specialized in providing insurance services and services of private pension.
The statutory fund of VAB Pension makes up 43 325 396,66 UAH (almost 6,4 mln Euro).
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