OREANDA-NEWS. January 14, 2011. Private individual liability portfolio registered at VAB Bank at 31/12/2010 exceeded UAH 3 billion, showing a 60% growth versus the year beginning.

“The notable share of medium-term liabilities in the Bank’s portfolio of newly attracted deposits could be seen as a positive trend.  Depositors today more readily entrust their cash to the bank for longer terms appreciating benefits of such type of placement amid general trend to interest rate reduction: maturity periods are extended by customers who seek higher yield on their investments compared to shorter-term deposits,” Mr. Anton Shaperenkov, director of VAB Bank retail business marketing department, comments.

Looking to sustain the favourable tendency VAB Bank has launched a series of special offers, such as more attractive interest rates or prize playouts, aimed to encourage customers to extend duration of deposits.

In one of such offers, Lucky Mark-up, in effect until 28 February 2011, a customer depositing UAH 5000 or more for 3 or 6 months has a chance to win a trip to Egypt for two, as well as a guaranteed mark-up on the deposit interest rate.