OREANDA-NEWS. Since the start of making factoring agreements in February 2007 VAB Bank has already more than 1 000 deliveries of commodities for a total amount of 32 millions UAH, reported the press-centre of VAB Bank.

The deliveries were made on signing of he agreements on the basis of deferred payments. The total amount of non-bail refinancing agreements by factoring amounted to 22,3 million UAH.

This means, according to the head of structural o VAB Bank, Irina Tanaschuk, a monthly growth in the volume of financing by factoring agreements of more than 20%.

Today VAB Bank provides clients factoring services in their Kiev, Kharkov, Chernigov and Zaporozhe branches. By the end of the year all operating branches will offer them. VAB Bank plans to increase the volume of financing by factoring to 50 million UAH a month.  "Soon clients will be able to get high-quality and complete factoring service in all points sales of VAB Bank. There  already today clients can apply to the "Financial centre of VAB", and after giving a minimum of information get the advantageous conditions of the factoring service", - Irina Tanaschuk points out.