Raiffeisen Bank Aval receives USD 75 mln subordinated loan from EBRD

23 December 2008

According to Interfax, the European Bank for Reconstruction and Development provided a ten-year USD 75 mln subordinated loan to Raiffeisen Bank Aval (BAVL: BUY). According to the EBRD’s statement, the loan is granted in line with a program to recapitalize Ukraine’s ailing banking system.

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