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Raiffeisen Bank Aval Receives a USD 30 mln Credit Line from IFC

Raiffeisen Bank Aval Receives a USD 30 mln Credit Line from IFC

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.

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