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EBRD eyes stake in Ukraine unit of Raiffeisen bank - statement
July 6, 2015 / 10:24 AM / 2 years ago

EBRD eyes stake in Ukraine unit of Raiffeisen bank - statement

KIEV, July 6 (Reuters) - The European Bank for Reconstruction and Development said on Monday it was considering taking a significant minority stake in the Ukrainian unit of Raiffeisen Bank International (RBI).

The proposed investment in Raiffeisen Bank Aval, Ukraine’s second-largest Western-owned bank “will send a strong positive signal to the market during the period of severe political and economic crisis in Ukraine”, the EBRD said in statement. (Reporting by Alessandra Prentice, editing by Elizabeth Piper)

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