Raiffeisen Bank Aval expects profit in 2009
10 March 2009
Raiffeisen Bank Aval (BAVL) CEO Volodymyr Lavrenchuk said at a conference yesterday that he expects the bank to post a profit in 2009, according to Bloomberg. Last week, Raiffeisen Bank Aval said it expected to obtain a ten-year USD 160 mln subordinated loan from parent Raiffeisen Zentralbank Osterreich.
