The Chairman of the Board of Bank Aval Alexander Derkach took 8th place in the rating of the best top-managers of Ukraine “Top 100 management” and 1st place in the branch rating “Best top-managers in banking sector” carried out by “Ukrainian Investment Newspaper”.
Authorized capital of the bank reached a record level for the Ukrainian banking system: 500 million hryvnas.
EBRD granted the Bank Aval the next tranche to the sum of 3 million US dollars under the microcrediting program and opened the direct credit line to the sum of 10 million US dollars for financing agricultural enterprises.
The Bank Aval introduced a package of special programms on medium-term crediting of enterprises of agroindustrial complex for purchase of fixed assets: agricultural machinery, equipment and other capital goods.
The bank entered the list “Top 100 banks of Central and Eastern Europe” of the rating agency Standard&Roor's.
Independent rating agency “Credit-Rating” declared revision of Bank Aval bank credit rating upwards.
Luhansk directorate carried out the largest salary project of 2002 — for employees of Alchevsky metallurgical plant (22 thousand cards).
The Chairman of the Board of Bank Aval Alexander Derkach entered the list of “10 best top-managers of Ukraine” carried out by “Kompanjon” magazine and approved by auditing company Ernst & Young.
The total number of cash dispensers of Bank Aval reached 300. The total amount of payment cards issued exceeded 700 thousand cards.
The bank started handling the project on sale of the prepaid services of mobile communication, IP-telephony and Internet access through the network of the regional departments.
The Bank Aval successfully repaid the indebtedness to 42 thousand investors of the bank “Ukraina” to the sum of 182 million hryvnas through its own unique system of urgent money transfers “Aval-Express”.
EBRD confirmed the Bank Aval limit under the international trade promotion program which provides confirmation of documentary credits and bank guarantees opened by participants of the program to the sum of 6 million USD.
The chief accountant of Sevastopol branch of the bank Natalia Lyah was declared the best specialist in accounting and reawarded with honourable diploma by results of all-Ukraine action “Best accountant of Ukraine” carried out by the editiors of newspaper “All about accounting”.
Bank Aval started implementing the largest project in Ukraine on introduction of the integrated banking system for retail business on the basis of BankmasterRS software.
The bank started the long-term crediting of the Ukrainian importers in the framework of the agreement with “Bankgesellschaft Berlin” (Germany) on purchasing goods for capital construction.
The corporate site of the JSPPB Bank Aval took the second place in nomination “Corporate sites” during the 3rd International festival of advertising in Kyiv.
The auditing company Ernst & Young once more confirmed the financial condition of the Bank Aval as satisfactory. In accordance with conclusion of the auditors, adequacy of the bank capital reached 14,32 % that exceeds nearly twice the minimum level established by the National Bank of Ukraine and recommended by the Bazel agreement.
The bank started carrying out transfers in foreign currency through its own system of urgent money transfers “Aval-Express”.
The Bank was declared as the winner of the tender on appointment of the agent bank repaying the indebtedness to creditors — individual persons of the bank “Ukraina”.
The Bank Aval entered the market with a new bank product: interest rate option. It is the the obligation of the seller to give the interbank credit, the sum, interest rate and term of which are agreed while selling option.
27th of March — Joint-Stock Post Pension Bank Aval celebrated the tenth anniversary of its activity.
The Cabinet of Ministers of Ukraine, Verkhovna Rada and National Bank of Ukraine rewarded a number of directors of oblast directorates as well as some employees with Diplomas and memorable decorations for great services they rendered to Ukraine, for the important contribution to its development, high professionalism and long service in the banking system of Ukraine.
Vice-Chairman of the Board Ivan Pinchuk and the director of the Luhansk oblast directorate Alexander Milaj were rewarded with Order of Merit of 3rd degree by the Decree of the President of Ukraine Leonid Kuchma for important contribution in their professional activity.
The first Vice-Chairman of the Board Ivan Voloshko and the director of Dnepropetrovsk directorate Gennady Malashenko were confered the title “Honoured economist of Ukraine”.
Labour collective of the Bank Aval was rewarded with Diploma of the Cabinet of Ministers of Ukraine for its professionalism and important contribution to the development of Ukrainian agroindustrial complex.
The President of the bank Fedir Shpig was elected the People's Deputy of Ukraine for the second time.
The Bank Aval and the state mail service enterprise “Ukrpochta” signed an agreement on rendering services of payment of Western Union transfers.