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Raiffeisen Bank Aval plans to increase its market share to 20% by 2010

Raiffeisen Bank Aval plans to increase its market share to 20% by 2010

19 October 2008

At a conference, Raiffeisen International Bank-Holding CEO Herbert Stepic said the group’s Ukrainian bank (BAVL: HOLD)is targeting growth on the retail service market. Alexander Viktorov: We believe the plans are quite achievable, given Aval’s robust growth in retail lending. Its current share in the retail market is 14%.

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