OREANDA-NEWS. In the period August 2006 to July 2007 VAB Leasing concluded leasing contracts for 500 objects among them vehicles (passenger cars, trucks and busses) and equipment for corporate and individual clients, reported the press-centre of VAB Bank.

In the period August 2006 to July 2007 VAB Leasing concluded leasing contracts for 500 objects among them vehicles (passenger cars, trucks and busses) and equipment for corporate and individual clients.

The geographical distribution shows that the majority (about 80 %) were for clients in the Kiev region, while the remaining 20% were made in the regions of Kharkov, Zaporozhe, Nikolaev and Crimea.

"In spite of the big share of leasing contracts made in the region of the capital, we are developing the leasing business through our network of regional representative offices in Donetsk, Zaporozhe, Lugansk, Odessa, Sumy, Kharkov and Kherson. In the nearest future we will be opening representative offices as well in Dnepropetrovsk and Lvov.

The business of financial leasing in the regions is constantly growing, therefore the opening of representative offices will allow us to be closer to our clients", the Director General of VAB Leasing Ljudmila Zolotareva explains.

According to the head of operating service of VAB Leasing, Alexander Natalenko, when using VAB Leasing for the leasing property, a client has the worked out proposal for the operation, which includes the costs of the different elements of it such as: insuring the property, registering it with the proper authorities, paying the taxes (as for example for a vehicle), delivering and assembling (in case of equipment). This is all done in close cooperation with the client.

Reference data
VAB Leasing was registered in November 2005. Since October 2006 it is a company in the universal finance VAB Group. VAB Leasing provides services of financial leasing of transport (passenger cars and commercial vehicles), equipment and commercial real estate to corporate and individuals. The chartered fund of VAB Leasing is 15 150 000 UAH.