KIEV, April 16 - Raiffeisen Bank Aval, Ukraine??™s No. 2 bank by assets, increased a two-year syndicated loan by 240% to $512 million, Thomson Financial reported.

The loan agreement is expected to be signed on Friday, April 20 at an expected rate of Libor + 1.2%.

Raiffeisen Bank Aval gave a mandate to organize a $150 million syndicated loan in March to BayernLB, DZ Bank AG, HSBC Bank Plc and Standard Bank Plc.