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VAB Bank takes out UAH 41.2 mln loan

VAB Bank takes out UAH 41.2 mln loan

11 January 2010

VAB Bank attracted UAH 41.2 mln in subordinated debt, according to Interfax today. VAB’s Chairman of the Board Petr Baron said the new debt allowed the bank to fully meet its recapitalization plan approved by the NBU, which foresaw the bank increasing its regulatory capital in 2009 to UAH 1.2 bln.

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