The European Bank for Reconstruction and Development ( EBRD ) is reportedly to acquire a c. 30 % stake in Raiffeisen Bank Aval , the Ukrainian unit of Raiffeisen Bank International ( RBI ) . After the transaction Bank Aval’s Tier 1 ratio will be 14.19 percent under local standards, based on proforma figures and actual exchange rates. The deal will see RBI 's stake in the Ukrainian unit fall from 96.2 % to around 67 % , with the EBRD participating in a capital increase of € 122 m in the unit , above its Tier 1 ratio ; this capital increase will be subject to shareholder approval on 3rd December . Despite the increase , Bank International already had a Tier 1 capital increase exceeding requirements in Ukraine , of 5 % , over the requirement of 4 % .
The European Bank for Reconstruction and Development ( EBRD ) is reportedly to acquire a c. 30 % stake in Raiffeisen Bank Aval , the Ukrainian unit of Raiffeisen Bank International ( RBI ) . The deal will see RBI 's stake in the Ukrainian unit fall from 96.2 % to around 67 % , with the EBRD participating in a capital increase of € 122 m in the unit , above its Tier 1 ratio ; this capital increase will be subject to shareholder approval on 3rd December . Despite the increase , Bank International already had a Tier 1 capital increase exceeding requirements in Ukraine , of 5 % , over the requirement of 4 % .