Kyiv. October 30. — Raiffeisen Leasing Aval (RLA), the leader of the Ukrainian leasing market, has received a US$ 75 million loan facility from its Austrian ultimate owner Raiffeisen Zentralbank Oesterreich AG (RZB). The transaction has been registered by the National Bank of Ukraine and will be disbursed over the next two months.

In line with the Raiffeisen Group’s leasing strategy, the credit funds will be mainly invested into technological and agricultural equipment, as well as commercial vehicles to be leased to local companies.

“The current economic challenges in Ukraine have not changed the Raiffeisen Group’s positive view of the catch-up process of the country. The replacement of outdated equipment is now more needed than ever, and this will make for the country’s recovery from the financial crisis”, said Peter Oberauer, RLA’s General Manager. “We see our role as a strategic partner of Ukraine’s leading companies in the sphere of financing new investments”, he added.