News and press

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.

This year inflation can reach 10%
The head of risk management of VAB Bank, Alexander Omel'chenko, believes that inflation in the current year can reach 10%.

«Sumykhimprom» pays an interest return for bonds
On September, 10 «Sumykhimprom» through pay agent VAB Bank carried out the first payment of interest on the bonds of series «А».

Deposit portfolio of VAB Bank grew almost 40% since beginning of the year
And now amounts to about 1.5 milliard UAH.

48% of credits are mortgages credits to individuals
About 48% of VAB Bank’s credit port folio are mortgages given to private clients.

Large part of current balances of banks is made by the card accounts
Today in the structure of current accounts there is a dominance of card accounts.

Demand on auto credits will grow until the end of year
In the opinion of the head of the development of products of retail business of VAB Bank, Anton Shaperenkov, demand for auto credits until the end of year will be strong.

Press-conference on the development of the VAB Bank until 2010
At the conference the intermediate results of the activity of VAB Bank were presented.

VAB Bank clients are winners of the game «Be Wisdom – use VISA payment card!»
VAB Bank together with the pay system Visa International gave their clients to participate in the game «Be Wisdom – use VISA payment card!» , which ran from May, 15 until July, 31, 2007.