VAB

09.07.08
A new way to get a loan: car loans


VAB bank joined UkrAvtoLeasing’ (“Express-credit” trade mark) renovated on-line base of banks, which give auto loans. The company is a part of UkrAVTO, the largest producer and dealer of automobiles in Ukraine.

For the first three days of work in a new system, VAB Bank received more than 40 credit requests from all cities of Ukraine, approving them for only 1-3 hours each.   

Now, clients have an opportunity to find the most appropriate loan conditions directly in UkrAVTO shops, fill a questionnaire and pass documents in electronic form for consideration simultaneously to three banks chosen out of the base.

«Clients, who come to UkrAVTO salons, get access to the banks’ base, where they choose appropriate credit products. Also, they are interested in shorter decision-making period and here VAB Bank wins», - Eugen Oparin, head of the department of development bank products for small business of VAB Bank underlined.



Reference data

Vseukrainsky 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, total capital — UAH 908,6 million.


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