Raiffeisen Bank Aval decreases net income 20% yoy in 2008

30 January 2009

Raiffeisen Bank Aval (BAVL) reported its 2008 financial results yesterday: net income of UAH 527.4 mln (USD 68.5 mln), down 19.6% yoy; assets of UAH 65.4 bln (USD 8.5 bln), up 46.8% yoy; loan portfolio of UAH 54.7 bln (USD 7.1 bln), up 46.9% yoy; and equity of UAH 2.4 bln (USD 314 mln), up 6.1% yoy.

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