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Perm, Urals branches of Raiffeisenbank conduct joint seminar for small businesses, entrepreneurs

On February 14-17, the Perm branch of ZAO Raiffeisenbank took part in the VII Interregional Specialized Exhibition «Yarmarka Nedvizhimosti — Vash Dom 2008» (Real Estate Fair — Your Home 2008), featuring real estate and services for the management, appraisal and promotion of residential and commercial property, mortgage lending and insurance, and residential engineering, communication and intellectual systems. Among the participants in the event were major credit organizations, realtors and developers operating in the Perm Region.

The Perm branch's exhibit offered visitors professional consultation on all aspects of mortgage lending and the details of Raiffeisenbank's mortgage programs. On the second day of the event, Raiffeisenbank conducted a Commercial Mortgage seminar for small businesses and entrepreneurs. Raiffeisenbank's terms and procedures for lending to small businesses were discussed at the seminar along with various aspects of mortgage transactions relating to the purchase of municipal property. Following the seminar, visitors were offered individual consultation by representatives of Raiffeisenbank's Perm and Urals branches.

The exhibition's organizers and participants took note of the high level of professionalism of Raiffeisenbank's exhibit and the efforts of its loan department team, awarding Raiffeisenbank a certificate «For Active Promotion of Mortgage Lending.»

ZAO Raiffeisenbank is a subsidiary of Raiffeisen International Bank-Holding AG. Raiffeisenbank is the largest foreign-owned bank in Russia, ranking 7th in terms of assets among top Russian banks based on 2007 results (Interfax-CEA). Raiffeisenbank is ranked 7th in terms of corporate lending based on 2007 results (Interfax-CEA). According to Interfax-CEA, ZAO Raiffeisenbank ranked 4th in Russia in terms of private deposits and 6th in consumer lending in Russia based on 2007 results.

Raiffeisen International Bank-Holding AG (Raiffeisen International) operates the largest banking network in CEE. 17 markets of Europe’s growth region are covered by subsidiary banks, finance leasing companies, two representative offices and a number of other financial service providers. Over 13 million customers are attended to through more than 3,000 business outlets. Raiffeisen International is a fully consolidated subsidiary of Raiffeisen Zentralbank Osterreich AG (RZB), which owns 68.5 per cent of the common stock. The balance per cent is free float, the shares are traded on the Vienna Stock Exchange. RZB is a leading corporate and investment bank in Austria and the central institution of the Austrian Raiffeisen Banking Group, the country’s largest banking group.


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