According to the VAB Bank, for the last two years, the number of clients, who would like to get the private banking services, had doubled.
Today VAB Bank created own client base, going beyond the retail business. That is why, and also, taking into account the development of the Private Banking in Ukraine, VAB decided to create the Department of Private Banking within the Private business department. It will attract and serve the individuals with a capital from USD 100 thousand.
“Private Banking concept means that each client will have a personal manager, whose main task will be to take into account customer orders, carry out all the financial planning and manage in the settled range the client’s capital. Client gets the most complete information about his account, changes on the financial markets, affecting his interests and steps his manager took to avoid risks. Manager is constantly accessible to the client and is able to meeting him directly in the bank or at the client’s place. As a result, the client gets maximum comfort while working with bank, and the bank, in same way, gets possibility the forecasted and long-term management of the client’s capital», – said the head VAB Private Banking Department, Olga Matveeva.
Due to the fact that VAB Bank is a part of the financial group VAB, clients can choose not only bank’s financial products, but also the products of other companies, included in the Group, as of VAB Capital and VAB Asset Management services (placing of capital in VAB Titan).
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, a full-service financial 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 February 2008, total capital — UAH 675 million.
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