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17.05.07 VAB Pension strengthens its position in non-governmental pension market
VAB Pension Company reached the new level: the number of its non-governmental pension funds customers exceeded 80 000 people that make about 30% of the whole non-state pension market by customers.
Director General of VAB Pension Alexander Boyko said that the main factors of the company’s positive dynamics is a wide range of pension products scoped both at corporate and private customers, as well as the developed regional network, which includes 24 offices in regional centres and 10 regional representative offices.
Speaking about the further development of VAB Pension Company Alexander Boyko emphasized: «Our strategy aims at extension of our customer base, as well as at assets increase. Such activity will primarily increase the profitability of non-governmental funds served by us, and as a result, without any doubt, every our customer will benefit».
Reference dataVAB Pension is the assignee of Asset Management & Pension Fund Administration Company TBIH – SigmaBleyzer, which was founded in March 2004 with target to provide European pension products in Ukrainian non-state pension market.
The founder of the VAB Pension is International Holding TBIH Financial Services Group NV (through Ukraine Pension and Insurance Holding B.V.), which specializes in insurance services and non-governmental pension services.
Since October 2006 the VAB Pension enters the universal financial VAB group.
VAB Pension is the administrator and manages the assets of the following non-state pension funds:
- ONPF «Europe»;
- NPO «Mining and Metallurgical Professional Pension Fund»;
- NPO «Non-state professional pension fund «The First Trade Union»».
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