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25.09.07 Until the end of 2007 no big changes for Hryvnyas loans and currencies expected
The head of retail business of VAB Bank, Anton Shaperenkov, believes that until the end of the year the rates on Hryvnyas (and currency) mortgage loans will not change considerably.
«Rate movements will be within a 1-2% bandwidth. However a crucial factor can be the limiting by the NBU on the delivery of credits in foreign currencies. As a result, the credit market activities of the public mortgage institutions will influence Hryvnyas credits– their rates can go down to the level of credits in foreign currency», - Anton Shaperenkov considers.
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 UAH 5.6 bn regulatory capital – UAH 546 m, UAH 201.4 m share capital. The result of the 20th emission of shares of VAB Bank, which have been ratified in the meeting of shareholders' of July, 27, 2007, determines the size of the regulatory capital as being UAH 670 million.
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