Raiffeisen Bank Aval

Raiffeisen Bank Aval, controlled by Raiffeisen Bank International since 2005, is the 5th largest bank in Ukraine, accounting for 5% of total domestic banking assets. The EBRD acquired a 30% stake in Aval in 2015.

Shareholders Structure

SUMMARY

Market Price ($) 0.0165
Market Cap ($m) 1,016
Shares Outstanding 61,495,162,580
Code BAVL

Recommendations

FV ($) ****
Upside (%) ****
Recommendation ****
Indicator 2017 2018 2019 2020 2021E
Sales ($m) 320 368 *** *** ***
Net Income ($m) 200 193 *** *** ***
Book Value ($m) 386 422 *** *** ***
Indicator 2017 2018 2019 2020 2021E
P/E 5.08 5.28 *** *** ***
P/Book 2.63 2.41 *** *** ***
ROE(%) - 47.6% *** *** ***

Latest news about Raiffeisen Bank Aval

May 24, 2021
| Banking

Raiffeisen Bank Aval — Dividend record date set for Jun. 8

Raiffeisen Bank Aval set Jun. 8 as the record date for the payout of dividends on ordinary shares of UAH 2.04bn (DPS of UAH 0.03312). Payment will be made after Jun. 26 but not later than Oct. 23.
May 07, 2021
| Banking

Raiffeisen Bank Aval – Parent-reported 1Q21 IFRS financials in line with local results

Raiffeisen Bank International (RBI), as part of its 1Q21 IFRS statements, reported results for its Ukrainian unit Raiffeisen Bank Aval (BAVL). Aval booked net profit of EUR 32m ($39m), +16% q-o-q. NIM stood at 7.7%, flat q-o-q and -2.1pp y-o-y, and Cost/Income at 46.9%, -3.0pp q-o-q and +2.3pp y-o-y. The provisioning ratio was at pos. 0.2%, meaning a release of provisions (vs. 0.5% in 4Q20 and 0.6% in 1Q20). NPLs dropped to 1.8%, -0.1pp q-o-q and -2.4pp y-o-y, with the coverage ratio at 66.8%, -3.1pp q-o-q and +5.3pp y-o-y.
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