The shareholders of Raiffeisen Bank Aval approved the Bank's authorized capital increased to 3,152 billion.

Kiev. 18 Dec. — Shareholders of Public joint stock company “Raiffeisen Bank Aval” at its extraordinary General meeting held today in Kiev, approved the results of the private placement of additional issue of ordinary registered shares of the Bank.

the results of the two stages were placed registered ordinary shares with a total nominal value 3 151 741 350,00 UAH. which is 100% of planned volume of placement. Placed shares are paid in full.

According to the decision of the shareholders paid for the shares of the money allocated for the formation of authorized capital of the Bank, which will be increased to 6 154 516 of 258.00 UAH.

the Shareholders approved the report on results of private placement of shares of JSC «Raiffeisen Bank Aval”, as well as changes in the Bank's Charter to increase the authorized capital of the financial institution.

Raiffeisen Bank Aval was founded in March 1992 (before 25 September 2006 — JSPPB "Aval"), for many years ranked among the leading banks on a number of key indicators. Since 2005, the Bank became a part of Austrian banking group Raiffeisen Bank international AG (since October 2010-Raiffeisen international Bank-holding AG). As of September 30, 2015, RBI Group owned 96,46% of shares of JSC «Raiffeisen Bank Aval”.

Raiffeisen Bank Aval — a universal Bank providing a wide range of standard and innovative services over 2.8 million customers through its network of 617 branches throughout Ukraine.