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10.10.07 VAB Bank raises Euro rates for “Srochny sberegatel'nyy» deposits
As of October, 10, 2007 VAB Bank increased the Euro interest rate on deposit of private clients “Srochny sberegatel'nyy» for 3 month deposits.
Depending on period the interest rate rose to 1,05 respectively 1,45%.
Today depositors can place on “Srochny sberegatel'nyy» for 3 months at a rate of 11,7% p.a.l in Hryvnya, at 10,2% p.a. in US Dollars and 7,2% p.a. in Euro. When placing for 13 months it is possible to get a rate of 14,5% p.a. in Hryvnya, 10,75% p.a. in US Dollars and 8,25% p.a. in Euro.
Interest payment on the deposits is carried out monthly, quarterly, on a half-year or at the end of the term. Addition – not foreseen.
As reported before when opening a savings account with VAB Bank, every depositor can get an international pay card at favourable terms.
Today VAB Bank offers 6 deposit programs: «32», «Mobile zaoschagzhennya», «Gamanets», «Social», «Sberegatel'nyy», «Na vimogyl», which are being used for more than 74 000 saving and current accounts.
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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