The shareholders of Raiffeisen Bank Aval (Kyiv) at a meeting on September 11 decided to pay dividends to the holders of common shares following the results of the financial institution’s work in 2019 in the amount of UAH 4.274 billion (90% of profit), while last year the bank accrued UAH 3.561 billion, and a year earlier UAH 4.244 billion.
According to the bank’s report in the information disclosure system of the National Securities and Stock Market Commission, the bank will also send UAH 700,000 (0.01% of profit) to pay dividends to the holders of preferred shares.
The chosen procedure of settlement with the shareholders provides for the payment of dividends in full, the report says.
Raiffeisen Bank Aval was founded in 1992. The largest shareholders are Raiffeisen Bank International with 68.28% and EBRD with 30%.
According to the NBU, as of August 1, 2020, in terms of total assets (UAH 104.172 billion) Raiffeisen Bank Aval ranked fifth among 75 banks operating in the country.