OREANDA-NEWS  On 28 November was announced, that. Raiffeisen Leasing Aval (RLA), the #1 company of the Ukrainian leasing market, received another USD  50 million loan facility from its mother company Raiffeisen Zentralbank Oesterreich AG (RZB). A previous loan amounted to USD  75 million and was granted by RZB to RLA at the end of October.

"In the situation, when Ukrainian banks stopped investment financing and foreign currency lending, the leasing companies are able to provide necessary financial services to Ukrainian companies ", said Peter Oberauer, RLA’s General Manager. "Two loans in total amount of USD  125 mn will allow our company to use this opportunity and strengthen our leading position on the Ukrainian leasing market", he added.

Arthur Iliyav, Deputy Chairman of the Board at Raiffeisen Bank Aval in charge of Corporate Banking and Leasing, added: "The provision of additional funding to our leasing business once more demonstrates the anticyclical strategy of Raiffeisen. While others are pulling out, we believe that this is the best moment to show our continued commitment to the market and support for Ukraine’s best companies".