Public Sector
Establishing long-term, mutually profitable cooperation with all levels of Russian government is a top priority for Raiffeisenbank.
Under Section 18 of Russian federal law No. 135-FZ of July 26, 2006 “On Ensuring Competition”, federal executive bodies, the executive agencies of Russia’s regions, local governments, state non-budgetary funds, and the subjects of state monopolies are obliged to select service providers through tenders or other open competition.
Raiffeisenbank actively participates in competitions for the selection of financial institutions to provide banking services to regional and local governments in Russia.
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