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10.08.07 VAB Bank grows in savings and current accounts with corporate clients
In July the volume of facilities of corporate clients of VAB Bank grew by 10% and as of 1st of August stands at 1.15 milliards UAH.
In July the volume of facilities of corporate clients of VAB Bank grew by 10% and as of 1st of August stands at 1.15 milliards UAH. The increase in July was 75 million UAH.
According to the head of the department of co-ordination of passive operations of VAB Bank, Vyacheslav Gladyshev, the increase in facilities of corporate clients of VAB Bank is the result of the work of all the structural subdivisions of the bank, services that are aimed at expanding the spectrum and winning new clients. «In July the influx of resources was mainly due to the high-quality increase of the client base due to the expansion of the enterprises. Alone in the last month the credit portfolio of corporate clients grew by 290 millions UAH».
By the end of the third quarter we expect an increase by 250 million UAH due to the credit programs, the active development of long-term investment programs and programs of project financing of corporate clients», the Director of credit operations of VAB Bank Irina Bilay states.
Today VAB Bank has more than 2000 accounts of corporate clients.
Reference dataVseukrainsky Aksionerny Bank (VAB Bank) operates in the Ukrainian financial market since 1992 and, according to the National Bank of Ukraine, ranks among the large banks group as to assets. The bank’s regional network comprises 25 branches and 137 outlets, as well as a representative office in Budapest (Hungary). TBIF Financial Services B.V. (Amsterdam, Netherlands), a large international company, is one of the bank’s shareholders. In October 2006 VAB Bank became a member of the VAB Group.
As of July 1st, 2007 VAB Bank’s total assets amount to UAH5.6bn, regulatory capital – UAH546m, share capital – UAH201.4m.
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