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"Aval" bank started granting interbank credits on the security of assets of borrower banks

20.02.2004 14:24
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"Aval" bank started granting interbank credits on the security of assets of borrower banks, reported the press service of the Bank with reference to the department for financial markets of the JSPPB "Aval" Andrei ROZHOK.

According to him, such credits are granted in any currency on the security of property rights of the borrower bank under credit contracts it concluded. Crediting term — from 1,5 to 6 months. Amount is not limited and depends on financial condition of the borrower bank, limits opened for it by "Aval" as well as quality of its credit portfolio.

As A.ROZHOK reported, "Aval" bank is the leader at the domestic market of deposit operations and has corresponding limits for the majority of Ukrainian banks.

Source material Raiffeisen Bank Aval
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