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23.10.06

Multibrand automobile sales center Autoland and the affiliate company «Sibirsky» presented a new business class car.

October, 2006, the largest multbrand automobile sales center Autolandlocated in Novosibirsk with the support of its partner, i.e., theSiberian affiliate of ZAORaiffeisenbank Austria hosted a presentation dedicated to a new business class car Mitsubishi Galant. The main characteristic feature of this car lies in the fact that it has been adjusted to Russias conditions.

Autoland and Raiffeisenbank have been partners for more than one yearwithin the framework of the auto loan program. This partnership is asuccess due to numerous factors, such as availability of special purposeloan programs offered by Raiffeisenbank characterized by cut interestrates for the following brands: Ford (4.9 percent per annum), Mitsubi,Hyundai (from 9.9 percent per annum), similar target audiences of thebank and the automobile sales center, efficient client servicing,well-deserved reputation of both of the partners on the market.

In our work we try to maintain long-term relations both with our partners and clients. We do not seek for here-and-now profit, for we realize that it is stable and consistent relations that serve as a basis for our business success. Implementation of joint partnership programs with dealers is one of the tactics used by Raiffeisenbank when acting on the auto loan market both in Novosibirsk and the whole of Russia, Head of the affiliated company Sibirsky Andrei Pochesnev pointed out.

The affiliated companySibirsky was established in Novosibirsk in March, 2006, and became the third regional affiliate of ZAO Raiffeisenbank Austria. Like all affiliates and branches of Raiffeisenbank the affiliated company Sibirsky offers both corporate clients and individuals a wide spectrum of services; besides, the Bank possesses all the necessary experience in introducing and adjusting banking products to the needs of Russian companies and population at the regional level. In Novosibirsk the clients also have an opportunity to make use ofthe services offered by all companies belonging to the Raiffeisen Group in Russia: OOO Raiffeisen Leasing, NPF Raiffeisen, OOO Raiffeisen Capital MC.

ZAORaiffeisenbank Austria occupies the 8th position among Russias major banks in terms of the amount of assets according to the outcomes of the 2nd quarter of 2006 (The Center for Economic Analysis, Interfax). Nowadays, the Bank has 19 branches in Moscow, 5 branches in St.Petersburg, regional branches in Ekaterinburg, Samara, Novosibirsk, Chelyabinsk, Nizhny Novgorod, Krasnodar and Krasnoyarsk. Among Russias leading retail banks Raiffeisen occupies the 6th position in terms of the amount of credits for private persons and the 7th position in terms of private deposits according to the outcomes of the first six months of 2006 (The Center for Economic Analysis, Interfax).

ZAORaiffeisenbank Austria is an affiliate company of Raiffeisen International Bank Holding AG (Raiffeisen International); the Holding manages bank affiliates and affiliated leasing companies on 16 markets in Central and Eastern Europe. Over 2,700 branches render services to 11 mio. clients. Raiffeisen International is a completely consolidated affiliate company of Raiffeisen Zentralbank Austria AG (RZB) owning 70 percent of Holdings common capital stock, the remaining 30 percent are in free circulation and traded on the Vienna Stock Exchange. Being the lead bank of the Raiffeisen Group, the largest banking group of Austria, RZB is the leading corporate and investment bank and the leading bank of Austria.

 

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