Vseukrainsky Aktsionerny Bank (VABank) is a multifunction financial institution with foreign investments.
It was registered on 2 nd
July 1992 (reg. No. 120) and is holding the general banking license and written permits of the National Bank of Ukraine to carry out 22 banking transactions provided for in the Ukrainian Law On Banks And Banking
According to the NBU classification, VABank belongs to the “large banks” category according to the volume of net assets that make 4 407,5 million UAH as of 01.01.2007.
The VABank branch network
is represented by 142 branches and sub-branches in the most developed regions of Ukraine, two representative offices in Ukraine and one abroad – in Budapest, Hungary.
Correspondent relations have been established with over 100 largest banks all over the world.
Nowadays over 150 thousand individuals and legal entities are being serviced with the Bank.
Since 1998 the VABank’s auditor on international standards has been Deloitte & Touche company. Since 2000 APiK company performs the audit of financial statements according to the national standards.
Moody's Investors Service, international rating agency, assigned VABank to the financial stability rating of Å+, and the ratings of B2/NP for long-term and short-term deposits in foreign currency. All ratings have stable outlook.
Fitch Ratings, international rating agency, assigned the Bank to B- Long-Term Issuer Default rating with stable outlook, B short-term rating, 5 rating support and D/E individual rating.
In October 2006 VABank’s shareholders joined the assets and created the first ever universal financial group in Ukraine – VAB Group – that includes nine companies, embracing all segments of financial market: banking, all types of insurance, reinsurance, leasing, pension coverage, assets management, invest banking, consumer credit financing. Now our clients can obtain the full range of financial services at every point of sales.
VABank’s principal business lines are as follows: providing comprehensive banking service to legal entities, individuals, financial institutions and professional activity on the stock market.
VABank is the government’s agent on performing international programs, the member of international payment systems MasterCard Europe and VISA Int., cooperates with the payment system American Express Services Europe Limited, maintains the credit lines of EBRD, IBRD and Eurasia Fund (the USA).
The Bank is authorized by the Pension Fund of Ukraine to make pension payments and monetary aid payments within the Pension program and cooperates with Ukrainian Fund for Mutual Understanding and Reconciliation on the issues of paying consideration to ostarbeiters.
The bank participates in various interbank unions, stock exchanges and associations.
Our customers are our greatest value. Therefore it is efficient satisfaction of their need for qualitative banking services that all our efforts are directed at.
WE ARE ALWAYS OPEN TO THE DIALOGUE!
Clients Support Centre: 8-800-300-8-300
Free calls throughout Ukraine.