Raiffeisen Bank is expanding its Raiffeisen Visa Travel Card range of credit cards. Now Raiffeisen offers Friedrich Wilhelm Raiffeisen Visa Platinum Travel card for the private customer segment, and Visa Platinum Premium Travel for the premium customer segment.
Both cards allow customers to earn bonus miles and exchange them for a variety of travel services on the site iGlobe.ru, and the possibility of increased earned miles when booking through iGlobe.ru.
Raiffeisenbank gives 1 mile for every 30 rubles spent in non-cash card payment, and iGlobe.ru gives up to 7 miles for every 40 rubles when booking services on the company website.
In the private segment — for wealthy clients — Raiffeisenbank offers free annual service of the principal and supplementary cards, allowing clients to open a credit card in rubles, USD and Euros. The interest rate on the cards is 18% per annum in rubles and 14% in USD or Euros, and the maximum credit limit goes up to 2.5 million rubles/USD 83 000/62 000 Euros.
Premium segment customers can apply for a Visa Platinum Premium Travel Credit Card within the package of premium services. The card can be opened in rubles, the interest rate is 19.5%, and the maximum credit limit is 1 million rubles.
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. 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. Around 60,000 employees service about 13.5 million customers through around 3,000 business outlets, the great majority of which are located in CEE. 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, the remainder is in free float. RBI’s shares are listed on the Vienna Stock Exchange. 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.
ZAO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank ranks 10th among the Russian banks in terms of assets, based on Q3 2011 results (Interfax-CEA). According to the same Interfax-CEA data, ZAO Raiffeisenbank ranked 5th in terms of private deposits and 6th with regard to consumer lending.