In terms of growth rate, Raiffeisenbank’s lending to the small and micro business segment significantly exceeds market averages. About 17% of overall loans in the market are made to the small and micro business segment on average, while the figure is 56% for Raiffeisenbank.
The micro segment has shown even more significant growth of 81%, which is connected with improved processes for Express unsecured lending and new services (overdraft and a programme of previously approved loans for regular borrowers to obtain financing faster).
«High increments in our small and micro business loan portfolio are connected mainly with the improved product line for this customer segment. The small business lending market, according to our estimates, will grow rapidly — by about
Average annual balances on accounts and fixed-term deposits in the small and micro business segment increased by 16% over the previous year to reach RUR 12 354 million by December 31, 2012. More than 36,000 active customers contributed to the liability base.
ZAO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank ranks 12th among the Russian banks in terms of assets, based on 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 61,000 employees service about 14.1 million customers through around 3,100 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.