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05.08.08 VAB Bank Issued a Loan to Delta Sport Group
VAB Bank signed a loan agreement with Delta Sport Group for the amount of USD 15 million and a tenor of 12 months.
Delta Sport company is known as one of the largest importers of sportswear in Ukraine. Delta Sport is an exclusive distributor of NIKE trade mark in the CIS.
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 January 2008, total capital — UAH 675 million.
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