VAB Re received a certificate “For the economic development” and entered “Guard-500”rating, which is prepared by Galytski Kontrakty.
VAB Re Chairman of the Board Alla Voloshina reported on November 2nd, commenting the rating's results.
“Guard 500” is a project, which ranks the richest Ukrainian companies, analysing their performance and general situation of the national economy. Within this project, the rating presents 500 largest Ukrainian companies, according to the results of their activity and using the data from independent monitoring. Companies are ranked by net earnings.
According to Alla Voloshina, “Today reinsurance market has a significant influence on rates of qualitative and quantitative growth of the Ukrainian insurance market. Reinsurance is the indicator of the market’s development level and only VAB Re’ experienced specialists and highest financial potential of the reinsurer can guarantee the achievement of the highest results”.
VAB Re thanked the rating organizers for the company’s recognition and high estimate of contribution to market progress of the Ukrainian reinsurance.
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 Novermber 1st, 2007 VAB Bank’s total assets amount to UAH 5.6 bn regulatory capital – UAH 629 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.
All news
|
