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Russia’s Raiffeisenbank sponsored the exhibition «Let’s go Austria!»

With the support of Raiffeisenbank, the largest exhibition of contemporary Austrian art has opened in Moscow.

On May 20 at the A.V. Shchusev Museum of Architecture the exhibition «Let’s go Austria!» was opened, which is presenting the most important works of contemporary artists, sculptors, photographers and designers from Austria. The opening ceremony was attended by the Austrian President Heinz Fischer, the Minister of Culture of the Russian Federation Alexander Avdeev, and the Minister of Education, Arts and Culture Claudia Schmied.

Austrian art is being exhibited in Russia at such a large scale for the first time. The co-organizers of the exhibition were MAK — the Museum of Applied Arts in Vienna, the A.V. Shchusev Museum of Architecture, MUAR in Moscow and the Austrian Cultural Forum in Moscow. Raiffeisenbank was the general sponsor of the event. The exhibition runs until August 28.

«As a representative of the Austrian banking group, Raiffeisenbank draws attention to major projects aimed at creating a unified cultural space between Russia and Europe. It is with great pleasure that we are supporting the exhibition «Let’s go Austria!» which is presenting modern Austrian art in Russia at such a large scale for the first time,» said Pavel Gurin, the Chairman of the Managing Board of Raiffeisenbank.

Raiffeisenbank and Raiffeisen Group as a whole has traditionally paid a lot of attention to corporate responsibility, and in particular to participating in humanitarian projects between Russia and Austria. We aim to give Russians access to masterpieces of foreign culture while sponsoring the most prominent projects.

ZAO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank ranks 9th among the Russian banks in terms of assets, based on Q1 2011 results (Interfax-CEA). According to the same Interfax-CEA data, ZAO Raiffeisenbank ranked 5th 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. Around 60,000 employees service about 14 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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