OREANDA-NEWS. November 17, 2008. In the speech at 3-rd annual Ukrainian Bank Forum of Adam Smith Institute The Chairman of Board VAB Bank Peter Baron has informed about formation stages and development of a successful retail chain VAB Bank which promoted its successful functioning even in today's uneasy conditions, reported the press-centre of VAB Bank.

"Thanks to the work done by us, the target audience has apprehended VAB as modern bank with high service level", - Mr. Peter Baron has told.

In the speech the VAB Bank Head has underlined that at present the regional network rebranding program is completed and reengineering of its work occurs just now which consists in the further optimization of a trading network, centralization of many functions, adoption of new IT technologies, permitting to optimize the further work processes and management.

3-rd annual Ukrainian Bank Forum of Adam Smith Institute holds from November, 10th till November, 13th in the Premier Palace Hotel in centre of Kyiv. Members of the Government and the Verkhovna Rada of Ukraine, Guidance of The National Bank of Ukraine, Representatives of The National Bank of Czech Republic, the directors of leading banks of Ukraine take part in work of its.