On June 2nd 2008 VAB Bank paid off coupon interest on the G series bonds for the 1% coupon period. The payment amounted UAH 2,249 million or UAH 32.41 per bond.
Ending date of placement is March 2nd, 2009.
Bonds were issued for the 4-year period. The maturity date is February 28th, 2011.
At the moment VAB Bank is placing G and H Series bonds for the total amount of UAH 250 million with profitability of floatation of 13% and 11% accordingly.
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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