OREANDA-NEWS. November 25, 2009. Within several months in a row VAB Bank has been demonstrating stable growth of its liability base, reported the press-centre of VAB Bank.

In October, the amount of individual liabilities saw a 5% increase making nearly Hrivnia 1.7 billion at 1 November 2009. According to Mr Anton Shaperenkov, head of VAB Bank’s retail product development department, “In the past month nearly 8,000 deposits were opened, out of which nearly 4,000 where renewed.  This demonstrates growth in confidence in the Bank on the part of both existing and new customers.  We timely favour our obligations before depositors, deliver products that go in line with market trends, and follow client oriented policy by implementing various beneficial proposals and special programmes.  As one of them, the programme assuming accrual of additional interest on top of standard rate upon automatic renewal of deposits set off in October.”

Deposit products currently offered by the Bank include Weekly Deposit, Fixed Term Deposit, Cumulative Deposit, and deposit in bank metals.  All of them offer diverse maturity periods, flexible terms, and high interest rates.