Raiffeisen Bank Aval to get USD 160 mln subordinated loan

3 March 2009

Raiffeisen Bank Aval (BAVL) announced yesterday that it plans to obtain a ten-year USD 160 mln subordinated loan from Raiffeisen Zentralbank Osterreich (RZB). According to the bank’s press release, the capital injection meets National Bank of Ukraine requirements for capitalization by May 1, 2009.

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