12 May 2008
International Finance Corporation said it opened a USD 30 mln credit line for Raiffeisen Bank Aval (BAVL: HOLD). The loan is granted according to the International Program of Trade Financing. Earlier we wrote that Raiffeisen Bank Aval is in the process of rising a USD 125 mln credit from the European Bank of Reconstruction and Development and a USD 100 mln syndicated loan from a group of banks.