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31.07.06

Raiffeisenbank assigned with short-term credit rating A by «RusRating» agency.

RusRating agency validated short-term credit ratings of the banks according to the financial statements data as of 01.07.2006. ZAO Raiffeisenbank Austria was awarded with rating A that is currently the highest one of the ratings assigned to the financial institutions inRussia. .

Rating A stands for a high degree of bank solvency, financial conditionis assessed as stable for a long-term perspective. Alongside with that ahigh country risk does not allow assigning institutions with a ratinghigher than the given one. In the rating list ofRusRating agency ZAO Raiffeisenbank Austria ranks the 1st position.

RusRating agency is an independent national rating agency that has been operating on the Russian market since 2001

Raiffeisenbank ranks the 8th position among the largest Russian banks interms of assets volume based on Q1 2006 results (CEA Interfax). As oftoday the Bank has 18 offices in Moscow, 5 offices in Saint-Petersburgand regional branches in Ekaterinburg, Samara, Novosibirsk, Chelyabinsk,Nizhniy Novgorod and Krasnodar. Raiffeisenbank ranks the 6th positionamong the major retail banks of Russia in terms of consumer lending andthe 7th position in terms of private deposits according to Q1 2006results (CEA Interfax).

ZAO Raiffeisenbank Austria is a subsidiary of Raiffeisen InternationalBank-Holding AG (Raiffeisen International) that operates subsidiarybanks and leasing companies in 16 markets in Central and Eastern Europe.10 million customers are attended through more than 2,700 businessoutlets. Raiffeisen International is a fully consolidated subsidiary ofRaiffeisen Zentralbank Osterreich AG (RZB), which owns 70 per cent ofthe common stock, the remaining 30 per cent is free float and the sharesare traded on the Vienna Stock Exchange. RZB as the parent bank ofRaiffeisen Group is a leading corporate and investment bank and a topbank in Austria, as well as in Central and Eastern Europe.

 

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