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25.04.08 VAB Bank repaid US$ 51,000,000 Syndicated Term Loan Facility
On 25 April 2008 VAB Bank repaid US$ 51,000,000 Syndicated Term Loan Facility lead arranged by UniCredit Markets & Investment Banking, Landesbank Berlin AG, Raiffeisen Zentralbank Osterreich AG.
The Facility Agreement was signed on April 27, 2007. It had a tenor of 364 days. Repayment was financed through a 3-year loan from TBIF Financial Services B.V., the Netherlands, a shareholder of VAB Bank.
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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