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08.08.12

The new foreign currency deposit accounts with Russia’s Raiffeisenbank

From August 8, 2012 Raiffeisenbank customers can open Investment / Investment (premium) and Welcome (premium and gold) accounts in EUR and USD with a higher interest rate. Previously, these deposit accounts could only be opened in roubles.

From August 8, 2012 for customers using the bank’s Premium service package, the Welcome (premium) deposit account interest rate is 8% in roubles, 4% in USD and 2% in EUR.

The Investment account is a product portfolio that enables customers to benefit from a high interest rate and unlimited potential for growth through investment in mutual funds managed by Raiffeisen Capital. For customers using the Premium service package, the interest rates of Investment (premium) deposit account amount to 4% for USD and up to 3.50% for EUR.


ZAO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank ranks 9th among the Russian banks in terms of assets, based on H1 2012 results (Interfax-CEA). According to the same Interfax-CEA data, ZAO Raiffeisenbank ranked 5th in terms of liabilities of individuals and 10th with regard to consumer lending.

Raiffeisen Bank International AG (RBI) 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. In total, around 61,300 employees service about 14.6 million customers through around 3,100 business outlets, the great majority of which are located in CEE (these figures include Polbank). 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

 

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