Raiffeisen's Ukrainian unit, Raiffeisen Bank Aval is to increase its charter capital by UAH 3.152bn ($136m) via the private placement of additionally issued shares. The bank will also raise additional funds through a combination with Ukraine's state-owned Ukrtransbank.
Raiffeisen's Ukrainian unit, Raiffeisen Bank Aval is to increase its charter capital by UAH 3.152bn ($136m) via the private placement of additionally issued shares. All minority shareholders who wish to take part in the private placement can buy additionally issued shares, as well as Raiffeisen Bank International and the European Bank of Reconstruction and Development.