KIEV, June 20 - The European Bank for Reconstruction and Development is lending two subsidiaries of Austria's Raiffeisen International Bank-Holding AG 52 million euros to boost financial support for small and medium-sized enterprises in Ukraine and Serbia.

As the EBRD reported in a press release on Tuesday, Bank Aval in Ukraine will use a EUR42 million loan to help entrepreneurs gain more access to longer term finance to help build or expand their businesses.