Raiffeisen Bank Aval To Issue Local Bonds For UAH 500 mln
19 July 2008
Raiffeisen Bank Aval (BAVL: HOLD), Ukraine’s second largest bank by assets, is planning to place local bonds for UAH 500 mln (about USD 100 mln) in 2H07, according to Bank President Vladimir Lavrenchuk. Further details of the issue were not disclosed, but Lavrenchuk said it would depend on market conditions.
