Raiffeisen Bank Aval

Raiffeisen Bank Aval
Public Joint-Stock Company
Industry banking, investment
Founded March 27, 1992
Headquarters Kyiv, Ukraine
Total assets Increase UAH 72.108 billion (2018.01.01) [1]
Owner Raiffeisen Bank International (68,3%)
European Bank for Reconstruction and Development (30%)
Number of employees
 12,000+
Website aval.ua/en/

Raiffeisen Bank Aval is a commercial bank in Ukraine. It was registered on March 27, 1992, and since 2006 is a subsidiary of Austrian Raiffeisen Bank International. In 2015 the European Bank for Reconstruction and Development acquired a 30% stake in Raiffeisen Bank Aval, increasing its capital.[2] The bank operates more than 500 branches across the country and offers banking services to individuals and corporate clients. As of 2018 the fourth largest bank in the country and the largest bank with foreign capital. Following a government bailout of the countries largest bank at the turn of 2016 and 2017 Raiffeisen Bank Aval remains the only bank in the top 5 not owned by the government of Ukraine.

See also

References

  1. ↑ "Financial statements of banks of Ukraine, as of January 1, 2018". National Bank of Ukraine.
  2. ↑ "EBRD to become 30 per cent-shareholder in Raiffeisen Bank Aval". European Bank for Reconstruction and Development.
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