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Raiffeisenbank of Russia and MasterCard announce launch of a new premium card — World MasterCard Black Edition

ZAO Raiffeisenbank and international payment system MasterCard announce the launch of a new card on 1 March: World MasterCard Black Edition, a product specially designed for the Premium Package available for Premium Banking customers who wish to experience customised service and additional privileges.

Premium card World MasterCard Black Edition will be the first ever card in Russia incorporating the innovative contactless payment technology MasterCard PayPassTM, allowing to make fast and easy payments. Holders of World MasterCard Black Edition also in possession of the Premium Package can enjoy a few additional services: the Priority Pass card granting access to over 600 business lounges in airports across the world (regardless of the ticket class); the premium concierge services; insurance for the holder and members of their family for trips abroad. Also, Premium Package customers can enjoy some popular banking services for free or at a seriously reduced price: e.g. RUR remittances are free through Raiffeisen-CONNECT, and safe boxes are available at a 20% discount.

«The launch of World MasterCard Black Edition is not only an important step on the way to better-quality Premium Banking services, but also a landmark event for Raiffeisenbank. The new card is a prestigious financial instrument that highlights the holder’s important status. I am sure our customers will appreciate the exclusive design and unique features of this card,» said Andrey Stepanenko, member of the Board of Raiffeisenbank, Head of Retail Private Individuals Directorate.

«Now that affluent Russians normally have several premium cards in their wallets, we have to offer even more attractive advantages of using MasterCard products. I therefore wish to congratulate Raiffeisenbank customers on the launch of the card which provides a unique combination of opportunities and privileges, e.g. the program MasterCard Selection (Izbrannoye) in Russia and abroad,» commented Ilya Riaby, Head of MasterCard in Russia.

ZAO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank ranks 9th among the Russian banks in terms of assets, based on 2010 results (Interfax-CEA). According to the same Interfax-CEA data, ZAO Raiffeisenbank ranked 6th in terms of private deposits and 8th with regard to consumer lending.

Raiffeisen Bank International AG 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. More than 59,000 employees service about 15 million customers through around 3,000 business outlets, the great majority of which are located in CEE. 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. 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, which is listed on the Vienna Stock Exchange; the remainder is in free float. 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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