The current situation in Ukraine is forcing Ukrainian enterprises to work in difficult conditions: the instability of exchange rates, «stagnation» in many sectors of the economy, problems in the banking system and the consequent inaccessibility of loan funds. This makes further work of many companies almost impossible, regardless of activity area. Banks almost stopped lending, the same situation with the majority of leasing companies.

«Despite the difficult situation Raiffeisen Leasing Aval continues funding clients, that have shown their loyalty to Raiffeisen Group in the past», - said General Manager Peter Oberauer. «Credit history with partners, a balanced approach to portfolio structuring, a differentiated credit policy and ownership of our company by а large international financial group allows us not to stop the signing of new deals. I have to mention that the market is forcing us to raise the requirements to the lessee, but if someone needs investment now and can prove its current and future solvency, we are able to provide investment finance. Now Raiffeisen Leasing Aval can also offer own used equipment to our customers, allowing the lessee to save on costs and start using the leased asset immediately».

The current activity of Raiffeisen Leasing Aval also aims at improving the quality of service for existing customers and the introduction of new products such as operational leasing.

Raiffeisen Leasing Aval is the universal leasing company which offers the full complex of leasing for all types of legal entities. LLC Raiffeisen Leasing Aval was founded in June 2006 as a subsidiary of Raiffeisen Bank Aval (owning 60% of the charter capital), one of largest banks in Ukraine, and Holding Raiffeisen-Leasing International GmbH (owning 40%) with headquarter in Vienna. Raiffeisen Leasing Aval has reached the leading position among universal leasing companies (according to the portfolio volume at the end of 2007 and the volume of leased assets during 2007) rated by International Finance Corporation (IFC) and continues to hold leadership at the leasing market. Recently Raiffeisen Leasing Aval received from RZB two loans in the total amount of $ 125 million and increased charter capital by EUR 5 mn.