Joint Stock Company Raiffeisen Bank Aval (JSC Raiffeisen Bank Aval) was registered on 27 March 1992 (operated under the brand name of Joint Stock Postal Pension Bank Aval until 25 September 2006). Since October 2005, the bank has been part of Raiffeisen International Bank Holding AG Group, Austria (since October 2010 – Raiffeisen Bank International AG). As of 31 December 2017, the RBI Group held 68.28% of Raiffeisen Bank Aval’s authorized capital, and the European Bank for Reconstruction and Development owned 30% of the authorized capital of the bank.
Raiffeisen Bank Aval provides a wide range of standard and innovative banking services to more than 2.5 million customers via its nationwide network, which comprised, as of the end of December 2017, 500 outlets located throughout Ukraine.
Raiffeisen Bank Aval maintains its leadership in the service quality in the Ukrainian banking sector. According to GfK Ukraine, which is specialized in market researches, the reputation of the bank outreaches the average market one.
Raiffeisen Bank Aval has launched an updated mobile application with the possibility of online registration of bank customers in May 2018. Users of the program can get basic banking services from a smartphone: money transfers, limit management, replenishment of cards and deposits.