FACT

80 000 customer accounts of non-governmental pension funds are managed by VAB Pension

VAB Pensions

VAB Pension Company was found in March 2004 and is aimed at delivery of non-state pension support with high quality European pension products at Ukrainian market. Since October 2006 the Company has been a member of VAB Group financial group.

The chartered capital of VAB Pension Company amounts to UAH 23 325.4 thousand, which over eleven times exceeded the requirements of Ukrainian legislation.

VAB Pension has licenses of State Committee on regulation of financial services markets of Ukraine and State Committee on securities and stock market for performance of activity related to administration of non-state pension funds and managing of assets.

03.03.08
VAB Bank summarized preliminary results of 2007
VAB Bank summarized preliminary results of 2007 based on the unaudited financial statements under Ukrainian Accounting Standards (UAS). Audited financial statements for the year ended 31 December 2007 under IFRS and UAS are expected by the end of March and April 2008 respectively.

31.08.07
«The First Ukrainian private pension fund» completes reorganization
«The First Ukrainian private pensions fund» completed its reorganization in accordance with the requirements of Laws of Ukraine on providing private pension.

14.08.07
VAB Pension and VAB Bank start a new tariff policy for social payments
VAB Pension came to an agreement with VAB by Bank to reduce the tariffs on the calculation of cash maintenance for clients, when placing money in the PPF «Europe» program.

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