Since the beginning of 2007 the investment portfolio of VAB Bank has grown by 31 %, or 1 billion UAH and on the 1st of August, 2007 totals 4.5 billion UAH.
Since the beginning of 2007 the investment portfolio of VAB Bank has grown by 31 %, or 1 billion UAH and on the 1st of August, 2007 totals 4.5 billion UAH.
The introduction in the last 7 months of new high-quality programs for over draught, factoring, project and auction financing, are a pre-condition for the dynamic growth of the credit-investment portfolio. In July alone the portfolio increased by about 14.5%.
Among the advantages of the credit programs of VAB Bank, are their long-term character of financing and the possibility of complex collaboration of client with a financial institute.
As reported before, today VAB Bank works with a new concept of sales, the «Financial centre VAB», which grants the clients the widest spectrum of financial instruments in banking, insurance, leasing, pension and investment.
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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