OREANDA-NEWS. December 11, 2012. The National Bank of Ukraine (NBU) has given permission to Oleg Bakhmatyuk for sole indirect substantial acquisition of shares in VAB Bank through the company Quickcom Limited (Cyprus), reported the press-centre of VAB Bank.

"At the moment the deal to acquire the majority shareholding of VAB Bank by Quickcom Limited was completed. Oleg Bakhmatyuk through company Quickcom Limited acquired 67.7% shares in VAB Bank, "- said the Chairman of the Board of VAB Bank D.Maltsev.

Soon O. Bakhmatyuk intends to raise its shares of the Bank, added D.Maltsev.

Background
VAB Bank works on the financial market since 1992. According to the National Bank of Ukraine, on October 1, 2012 in terms of total assets (UAH 12.8 billion) VAB Bank ranked 18th out of 175 banks operating in the country.