Raiffeisen Bank Aval (BAVL: BUY) reported its 1H08 financial results: net income of USD 80.4 mln (+39.6% yoy); total assets of USD 10 bln (+44.9% yoy); loan portfolio of USD 8.6 bln (+48.3% yoy); retail deposits of USD 3.5 bln (+125% yoy); corporate deposits of USD 1.4 bln (+27.3% yoy).