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Raiffeisenbank of Russia renews its public «Mortgage Saturdays»

Raiffeisenbank renews its Mortgage Saturdays in Moscow  these public events offer an opportunity to receive individual consultation on mortgage-related issues. The consultations will take place in the banks Mortgage Centre located in Moscow at 28, Smolenskaya-Sennaya Sq., starting at 10a.m. and closing at 5p.m.

On March, 12, experts from Raiffeisenbank and real estate agencies will offer free advice on the current situation in the housing market, inform about mortgage terms and conditions, all of it on a Saturday, when there is no rush and every customer can appreciate and ponder over the comprehensive information and advice.

Mortgage is a complicated financial product, which requires exhaustive discussion of all details in a quiet and comfortable environment. That is why we are relaunching our public Mortgage Saturdays, already available in Moscow, Saint-Petersburg and Nizhniy Novgorod. By the end of the year, this service will be extended to the largerst cities of Raiffeisenbanks operation, commented Andrey Stepanenko, member of the management board of ZAO Raiffeisenbank in charge of retail private individuals directorate.

Raiffeisenbank started its mortgage operations in 2000. First Mortgage Saturdays were organised in 2006: they were recognised as an important instrument to boost public interest in mortgage products, and were soon very popular with the banks customers.

Today, ZAO Raiffeisenbank offers a wide range of mortgage programmes designed to help finance purchase of a flat at the construction investment stage, to assist in purchasing of a property in the secondary market, or offer the potential of a home equity loan.

All detailed mortgage terms and conditions of ZAO Raiffeisenbank cen be accessed through its official website.

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 worlds financial centres and in Asia, the groups 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 countrys largest banking group, and serves as the group head office of the entire RZB Group, including RBI.


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