KIEV, Oct. 2 - VAB Bank (Kiev) has delayed the payment of $2 million in interest on eurobonds of an amount of $88.252 million, the bank told Interfax-Ukraine.

According to bank chairman Denys Maltsev, the delay in repayment is related to the tightening of monetary regulation in Ukraine.

"Due to the deterioration of the situation in the banking system of Ukraine and new restrictions on foreign exchange payments, we now have limited opportunities to buy foreign currency, in particular for repaying external obligations," he said.