VAB Group




FACT

Chartered fund of VAB Capital investment company amounts to UAH 5 050 000,00

VAB Group

In October 2006 Ukrainian and western share holders of All Ukrainian Joint Stock Bank have taken decision to found financial group called VAB Group through consolidation of all financial assets within Ukraine basing upon general concept of sales and under one brand «VAB».

VAB Group consists of nine companies covering all segments of financial market, i.e. VAB Bank, VAB Insurance Company, VAB Life insurance company, VAB Leasing Company, VAB Pension — administrator of pension funds, VAB Express — consumer crediting company, VAB Re — reinsurance company, VAB Assets management company and VAB Capital investment company.
30.12.08
Moody’s Changed Ukrainian Banks’ Rating Outlooks
On 30 December 2008 Moody's Investors Service changed the outlook from stable to negative on the long-term global local and foreign currency deposit/debt ratings of 19 Ukrainian banks, including VAB Bank, and affirmed the assigned ratings. Moody's also downgraded the National Scale Rating (NSR) of 6 banks, VAB Bank among them. Currently VAB Bank’s NSR is A3.ua.
26.12.08
VAB Bank’s Website Voted Top at Website and Annual Report Contest
Website of VAB Bank (www.vab.ua) has won the highest score in the “Bank’s Best Website” nomination of the Website and Annual Report Contest arranged for the fourth time under the auspices of the auditors’ Big Four (Ernst & Young, Deloitte, KPMG, and PricewaterhouseCoopers), the Association of Ukrainian Banks, and representatives of the media.
16.12.08
VAB Group has finished the transaction of a sale on the reinsurance company VAB Re
In connection with attraction of the new investor the reinsurance company VAB Re walk out on VAB Group. The transaction of a sale on the reinsurance company VAB Re is finished.
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