LONDON, Sept. 23 - The European Bank for Reconstruction and Development will provide 150 million euro for the development of Raiffeisen International's subsidiary banks in Ukraine, Russia and Romania, a source in banking circles told Interfax.

The source said that the bank's board of directors approved this decision on Tuesday.

He said that around 100 million euro of this amount would go to Ukrainian Raiffeisen Bank Aval. The bank's Russian and Romanian subsidiaries will each receive 25 million euro.