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Raiffeisenbank of Russia launches new deposit «Strakhovoy (premium)»

Raiffeisenbank is offering a new saving opportunity with its product Strakhovoy (premium) at 12% p.a.

Deposit Strakhovoy (premium) can be opened for customers buying a Premium banking package with a 6-year mixed life insurance policy. For this purpose, the customers can also choose from the variety of financial security and savings options provided by OOO Insurance Company Raiffeisen Life: Raiffeisen Perspektiva, Raiffeisen Kinder or Raiffeisen Optimum. Another condition for opening of the new deposit is upfront payment of a 1-year premium on the policy (min. RUR 50,000).

The deposit can be opened for a period from 1 month up to 2 years in roubles, USD or euros. The minimum deposit amount is RUR 50,000 (USD 1,000 or EUR 1,000).

The RUR deposits earn from 6.5% up to 12% p.a., while USD and EUR deposits earn from 2.5% up to 8% p.a. (depending on the term of the deposit and insurance policy). The rate is fixed for the whole term of the deposit, with interest is payable once the deposit matures.

People in our country are more interested in insurance of their property than of their own life and health, says Andrey Stepanenko, member of the board of ZAO Raiffeisenbank and the Head of Retail Private Individuals Directorate. And since deposits remain their favourite saving tool, we decided to offer a new product that provides financial security for the customer, their property and family.

Apply for deposit Strakhovoy (premium) in type A branches listed on the banks 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 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 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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