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18.02.11

Raiffeisenbank of Russia and Chevrolet launch a new Lady Spark offer

Raiffeisenbank together with the Russian branch of Chevrolet have launched a new creative offer called Lady Spark.

This official program has been designed to finance purchase of Chevrolet Spark. Raiffeisenbank offers a reduced-interest loan for ladies willing to buy this car.

Chevrolet Spark is an ideal car to drive in an urban environment: it is compact, agile and comfortable, just as the Lady Spark offer from Raiffeisenbank. The discount will vary from standard terms by 0.5% to 2% depending on the loan’s parametres.

The special program for financing of purchase of a Chevrolet Spark includes a loan maturing in 12 up to 72 months priced from 7% p.a. for rouble loans, provided the loan includes life and health insurance payment. For a 1-year loan with a 40% upfront payment the rate is set at 9% p.a. in roubles, excluding life and health insurance payments.

«This product is exclusive as it is the first of its kind among joint car financing programs. And it is with particular pleasure that we are announcing this offer to ladies before the 8th of March holiday. I hope a lot of lady drivers will make their dream of buying a car smart come true,» said Andrey Stepanenko, member of the board of Raiffeisenbank, head of Retail Private Individuals Directorate.


ZAO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank ranks 9th among the Russian banks in terms of assets, based on 2010 results (Interfax-CEA). According to the same Interfax-CEA data, ZAO Raiffeisenbank ranked 6th in terms of private deposits and 8th with regard to consumer lending.

Raiffeisen Bank International AG regards both Austria, where it is a leading corporate and investment bank, and Central and Eastern Europe (CEE) as its home market. In CEE, RBI operates an extensive network of subsidiary banks, leasing companies and a range of other specialised financial service providers in 17 markets. More than 59,000 employees service about 15 million customers through around 3,000 business outlets, the great majority of which are located in CEE. RBI is the only Austrian bank with a presence in both the world’s financial centres and in Asia, the group’s further geographical area of focus. Raiffeisen Bank International is a fully-consolidated subsidiary of Raiffeisen Zentralbank Oesterreich AG (RZB). RZB indirectly owns around 78.5 per cent of the common stock, which is listed on the Vienna Stock Exchange; the remainder is in free float. RZB is the central institution of the Austrian Raiffeisen Banking Group, the country’s largest banking group, and serves as the group head office of the entire RZB Group, including RBI.

 

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