Group news

Borrowing to older clients will inevitably come
Today most financial institutions give consumer credits only to clients not older than 60, or exceptionally 65.

Until the end of 2007 no big changes for Hryvnyas loans and currencies expected
The head of retail business of VAB Bank, Anton Shaperenkov, believes that until the end of the year the rates on Hryvnyas (and currency) mortgage loans will not change considerably.

VAB Leasing opens office in Simpferopol
On Septembers, 24, 2007 a new branch of VAB Leasing was opened in Simpferopol.

VAB Bank increases long-term US Dollar deposit «32»
As of Septembers, 24, 2007 VAB Bank increases the rate on long-term US Dollar deposit «32» for private clients.

New procedure to grant mortgages
According to the head of development of retail business of VAB Bank, Anton Shaperenkov, today the bank are competing in granting mortgages not only on the level of offering to clients the most advantageous terms, but also in the speed of acceptance by the bank.

VAB Bank ATMS are in safe areas
More than half of VAB Bank ATMS’, installed in the third quarter of 2007, are in "24 hours" premises, which give clients access to the ATMs’ around-the-clock.

VAB Bank loyalty of VAB Express clients rewarded
To express the loyalty to the clients of VAB Bank and VAB Express, which is specialized in delivering credits to consumers, the program was started «Blank credit for the clients of VAB Express».

VAB Bank raises rates on dollar on deposits
VAB Bank improves it attractive terms for private clients interested to save and increase their credit facilities temporally.

Liberalization of the currency restrictions and money policy will accelerate after the entry of Ukraine to the WTO
«After the entry of Ukraine into the WTO the liberalization of currency restrictions and money policy can be expected.

VAB Bank offers special car credit at the Capital Auto Show
On the car show, which was held from the 14th to 16th September, 2007 on the Kiev premises of the Capital Auto Centre, VAB Bank offered for the purchase of cars a credit at a reduced interest rate.