OREANDA-NEWS. February 02, 2009. VAB bank clients who have deposit accounts for at least 100 thousand hrivnias, 12 thousand dollars or 10 thousand hrivnias are now offered new contract re-execution terms, reported the press-centre of VAB Bank.

Contracts whose residual term is up to 1 month may be terminated early with no penalty and re-executed for a new term of at least 3 months.  Clients whose residual contract term is between one and three months are offered a similar procedure to re-execute their deposit contracts for at least 6 months without penalty.  For contracts that will last for another three to six months the penalty free re-execution option is offered for at least 12 months.

As retail business department Anton Shaperenkov explained, these terms offered by the Bank are not only helpful in making clients’ funds secure but also are a chance to multiply them substantially as deposit rates offered by VAB Bank today that are among the most attractive on the Ukrainian banking services market.

By placing their idle cash the clients may count on the guaranteed 23.66% in hrivnia, up to 14.16% in US dollars and up to 13.16% in Euros.

VAB Bank offers its clients deposit programmes as follows: Term, Mobile, Cumulative, as well as deposits in bank metals and Unlimited current accounts.  Different programmes have different income payment frequencies.  Interest could be received in advance, on a monthly basis, or upon deposit maturity.