News and press

VAB Group presented the matrix of benefits
At the first International Personnel Management Exhibition «Personnel EXPO - 2008» VAB Group presented the effective instrument of employee compensation package – the matrix of benefits.

VAB Bank paid coupon on the F Series bonds for the third coupon period
On March 3, 2008 VAB Bank paid coupon interest on the F Series bonds for the third coupon period. The payment amounted to UAH 5.235 million or UAH 34.90 per bond.

VAB Bank summarized preliminary results of 2007
VAB Bank summarized preliminary results of 2007 based on the unaudited financial statements under Ukrainian Accounting Standards (UAS). Audited financial statements for the year ended 31 December 2007 under IFRS and UAS are expected by the end of March and April 2008 respectively.

VAB Leasing started special leasing programme - for the first time in Ukraine – only for women!
On February 29, 2008 VAB Leasing Company started a new programme “Auto LADY”, which is called on to solve technical problems that face women on the roads.

VAB Group became a financial partner of a “Personal EXPO” professional exhibition
Financial VAB Group became a general partner on an International “Personal EXPO” exhibition on human resources, which will take place on March 4-5 in Kyiv.

VAB Bank shareholders made a decision to increase capital on 50 million USD
On February 12, 2008 VAB Bank special general stockholder’s meeting took place. A lot of questions about VAB Bank capital increasing and authorized bank representatives’ definition on issue organization were considered.

VAB Bank realizes chip technologies.
In February 2008 VAB Bank provides Master Card Gold cards (cards of International paying system) with integrated microchip issuing.

Zhanna Alekseeva was appointed VAB Bank retail sales president of the board assistant.
A VAB Bank supervisory council made a decision on Zhanna Alekseeva’s appointment on a place of VAB Bank Retail Sales Deputy Chairman.

VAB Bank clients became the winners of promotion action of paying system MasterCard “You, yourselve, decide how your home should look like!”
Four VAB Bank clients became winners of promotion action “You, yourselves, decide how your home should look like!”, which had been providing since October 1 till November 31, 2007, among those clients who got International MasterCard buying system credit cards.

The VAB Bank team took the second place in the international asset and liability management competition
The VAB Bank team took the second place in the international asset and liability management competition final, the final of which was held on January 2008 in the Hague, the Netherlands.