Raiffeisen Bank International increases stake in Ukrainian subsidiary's charter capital to 96.4403%

12:04, 08.01.2015 1 min read

Austrian-based Raiffeisen Bank International has increased its stake in Kyiv-based Raiffeisen Bank Aval’s charter capital, to 96.4403%, up from 96.4389%, the Ukrainian bank said in a report.

The report was posted in the National Securities and the Stock Market Commission's information disclosure system, with reference to PJSC National Depositary of Ukraine's data as of December 31, 2014, available to the bank on January 5, 2015.

The stake grew due to the purchase of the bank's shares on the secondary market.

Raiffeisen Bank Aval was founded in 1992.

It ranked seventh among 166 operating banks as of October 1, 2014, with assets worth UAH 44.676 billion, according to the National Bank of Ukraine.