At the beginning of October a division of the Pension Fund of theRussian Federation, Moscow and the Moscow Region, conducted a routinecheck aimed at determining the compliance degree of ZAO“Raiffeisenbank Austria” with all the requirements of the Pension Fund of the Russian Federation for transfer-agents. Head of NPF “Raiffeisen” Elena Gorshkova stated: “We are very glad that the representatives of the Pension Fund of the Russian Federation pointed out high quality service rendering to insured persons and excellent preparation of the bank’s personnel responsible for service rendering in the sphere of mandatory pension insurance”.
The Pension Fund of the Russian Federation conducted the following checktypes:
In their turn, Chairman of the Raiffeisenbank Board Johann Jonachpointed out that efficient service rendering is also ensured by a PFRsmoothly running mechanism of interaction among all the participants ofthe process.
“Investments into the sphere of mandatory pension insurance and non-state pension fund scheme are inalienable part of the activities implemented by the Raiffeisen Group in Russia”, Herr Jonach continued. “We intend to go on making efforts aimed at rendering services in thesphere of pension products to our clients and hope that joint efforts of the bank and the Non-state Pension Fund “Raiffeisen” will be highly praised by our clients”.
ZAO“Raiffeisenbank Austria” acts as the incorporator of NPF “Raiffeisen”. ZAO “Raiffeisenbank Austria” is an affiliate company of Raiffeisen International Bank Holding AG (Raiffeisen International); the Holding manages bank affiliates and affiliated leasing companies on16 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 Holding’s common capital stock, theremaining 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.