VAB Bank increased interest rates for private individual hrivnia, dollar and euro deposits effective 15 October 2008.
Our clients are now offered the opportunity to deposit cash for up to two years at up to 19.55% in hrivnia, up to 13,67% in US dollars, or up to 12,38% in euros. Depositors using our new Progressive Deposit scheme can count on the maximum of 22%.
According to head of the VAB Bank department for retail business products development Anton Shaperenkov, yearly rates for such deposits depend on their periods, interest maturity, and currency.
Furthermore, two deposit campaigns set off on 15 and 20 October at VAB Bank: Friendship Makes Rich and Money Works While You Travel, to last until the end of 2008.
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 July 2008.
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