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EBRD announces plans to purchase up to 35% of Raiffeisen Bank Aval
Journal Staff Report

KIEV, Sept. 1 - The European Bank for Reconstruction and Development intends to purchase up to 27.64 billion ordinary registered shares of PJSC Raiffeisen Bank Aval (RBA, Kiev), which won't exceed a 35% stake in its charter capital, the issuer reported in the information disclosure system of the National Commission on Securities and the Stock Market.

The bank's press service told Interfax-Ukraine that this specifically relates to participation in the bank's additional share issue.

However, the details of the transaction have not been disclosed.




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