Raiffeisenbank is expanding its lending programme «Quick loan to good hands» (Bystriy kradit v nadyozhniye ruki) to make it accessible for private entrepreneurs and small businesses in more regions. Pledge-free loan of up to RUR600 thousands is granted for up to 18 months. Loan decision is made within three days.
Last year the programme was launched as a pilot project in several large cities: Moscow, Saint-Petersburg, Kaluga, Belgorod, Vladivostok, Irkutsk, Stavropol, Krasnodar, Nizhnit Novgorod and Saransk.
Today’s offer is extended to customers in 37 cities where Raiffeisenbank is present, 8 more cities to follow soon.
«At the end of last year we started to offer unsecured loans under the «Quick loan to good hands» programme to small businesses. Since then we’ve been testing the loan decision-making system, assessing the needs of our customers, which has helped us to improve the loan terms,» says Oksana Panchenko, member of the management board of Raiffeisenbank in charge of the corporate banking & corporate financing directorate. «The programme has appealed a lot to the businesses, and we have decided to include more cities in its scope. We are also planning to expand the product range soon.»
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. Around 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.