The story
The bank was registered on 27 March 1992, and since 2006 has been a subsidiary of Austrian Raiffeisen Bank International. In 2015 the European Bank for Reconstruction and Development acquired a 30% stake in Raiffeisen Bank Aval, increasing its capital. Raiffeisen Bank International has a stake of 68.26% in the bank.
As of 2018 the fourth-largest bank in the country and the largest bank with foreign capital. Following a government bailout of the country's largest bank at the turn of 2016 and 2017, Raiffeisen Bank Aval was the only bank in the top 5 not owned by the government of Ukraine.
It was headed from 2005 until 2019 by Volodymyr Lavrenchuk.
As of 1 January 2018, the bank's net assets amounted to more than ₴72 billion, and in terms of their size. Raiffeisen ranks third in the retail banking market in Ukraine.
In June 2021 the bank changed its name from “Raiffeisen Bank Aval” officially to “Raiffeisen Bank”.
From Wikipedia’s article on Raiffeisen Bank (Ukraine), shared under CC BY-SA 4.0.4
