Raiffeisen Bank Aval records net loss of UAH 1.6 bln in 9M09
23 October 2009
Raiffeisen Bank Aval (BAVL) reported its 9M09 financial results yesterday according to Ukrainian Accounting Standards yesterday. During the period, the bank had a net loss of UAH 1.6 bln (vs. net income of UAH 680 mln in 9M08). As of end-9M09, the bank’s assets were UAH 60.2 bln (down 7.9% yoy) and liabilities UAH 54.3 bln (down 6.4% yoy).
