In February 2008 VAB Bank provides Master Card Gold cards (cards of International paying system) with integrated microchip issuing.
“VAB Bank actively sets innovations in products and services, which offers to its clients. So, a card with an integrated chip has some advantages compeering with other tool of cashless transfers. It has large information capacity, high data security level, long operating life. Such a card gives a possibility to carry out a transaction without using lines of communication”, - notices VAB Bank Retail Business and Distribution Department Head Anton Shaperenkov.
Till the end of 2008 VAB Bank is planning to issue over 20 000 cards Master Cards with a chip.
VAB Bank is planning in the long term to spread spectrum of cards with microchip MasterCard and also to pass certification on chip plastic cards of International paying system Visa Int.
Reference dataVseukrainsky Aksionerny Bank (VAB Bank) has been operating in the Ukrainian financial market since 1992 and belongs to the group large banks in Ukraine according to NBU. In October 2006, VAB Bank became a member of VAB Group. Branch network consists of 25 branches and 143 outlets throughout Ukraine and a representative office in Budapest (Hungary). A large international company, TBIF Financial Services (Amsterdam, the Netherlands), is among the bank’s shareholders. Total assets of VAB Bank amounted to UAH 6.7 billion as of 01 January 2008, total capital — UAH 675 million.
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