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28.05.08

Perm branch of ZAO Raiffeisenbank serves again as general sponsor for regional theater U Mosta

In support of the City of Perm's cultural development program, the Perm branch of ZAO Raiffeisenbank is serving for the second time as general sponsor of the regional theater U Mosta, led by Sergey Fedotov. U Mosta is known for its young, talented troupe, which is highly regarded at home and know far beyond the city as the «business card» of Perm, thanks in part to its Russian and international theatrical competitions. In 2007, the Perm branch supported the modernization of the theater's building and this year is to assist with the purchase of costumes.

ZAO Raiffeisenbank is a subsidiary of Raiffeisen International Bank-Holding AG. Raiffeisenbank is the largest foreign-owned bank in Russia, ranking 7th in terms of assets among top Russian banks based on 1Q 2008 results (Interfax-CEA). Raiffeisenbank is ranked 8th in terms of corporate lending based on 1Q 2008 results (Interfax-CEA). According to Interfax-CEA, ZAO Raiffeisenbank ranked 4th in Russia in terms of private deposits and 6th in consumer lending in Russia based on 1Q 2008 results.


Raiffeisen International operates one of the largest banking networks in CEE. 17 markets of Europe’s growth region are covered by subsidiary banks, finance leasing companies, a representative office and a number of other financial service providers. Over 14 million customers are attended to through more than 3,000 business outlets. Raiffeisen International is a fully consolidated subsidiary of Raiffeisen Zentralbank Osterreich AG (RZB), which owns 68.5 per cent of the common stock. The balance is free float, the shares are traded on the Vienna Stock Exchange. RZB is a leading corporate and investment bank in Austria and the central institution of the Austrian Raiffeisen Banking Group, the country’s largest banking group.

 

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