Android: QtCreator is unable to deploy to virtual Android device

With the latest Android SDK Tools 22.6 the format of "android list avd" has changed so that it lists ABI with prefixed tag information:

...
Tag/ABI: default/armeabi-v7a
...

This causes Qt Creator Android plugin to not recognise ABI correctly and it will show error message: "ABI is incompatible, device supports ABIs"