OREANDA-NEWS. October 20, 2008. VAB Bank increased interest rates for private individual hrivnia, dollar and euro deposits effective, reported the press-centre of VAB Bank.

Our clients are now offered the opportunity to deposit cash for up to two years at up to 19.55% in hrivnia, up to 13,67% in US dollars, or up to 12,38% in euros.  Depositors using our new Progressive Deposit scheme can count on the maximum of 22%.

According to head of the VAB Bank department for retail business products development Anton Shaperenkov, yearly rates for such deposits depend on their periods, interest maturity, and currency.

Furthermore, two deposit campaigns set off on 15 and 20 October at VAB Bank: Friendship Makes Rich and Money Works While You Travel, to last until the end of 2008.