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BYSTRAYA POCHTA™ Russia’s Raiffeisenbank wins Leader of Money Transfer Systems — 2011 contest

International money transfer system BYSTRAYA POCHTA of Raiffeisenbank is winner of the Leader of Money Transfer Systems  2011 award for fastest transfers.

The competition was conducted by the magazine Bankir published by Ukraine-based KBS-Izdat.

Other participants included money transfer providers operating in Ukraine and internationally.

With labour migration on the rise, the speed of money transfers is just as important for the customers as their safety, says head of Bystraya Pochta team Sergey Nesterov. We are developing our service to meet the growing needs of our customers, so winning in the Fastest Money Transfer nomination proves how right this strategy is.

Money transfer system BYSTRAYA POCHTA is a registered trademark owned by ZAO Raiffeisenbank, which is also its settling bank. BYSTRAYA POCHTA has a wide service network in Russia and the surrounding countries (over 8 000 service points and automated terminals in 12 countries) and provides low-cost money transfers in roubles, US dollars and euros. For more information please visit the website of BYSTRAYA POCHTA.

ZAO Raiffeisenbank
is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank ranks 9th among the Russian banks in terms of assets, based on H1 2011 results (Interfax-CEA). According to the same Interfax-CEA data, ZAO Raiffeisenbank ranked 5th in terms of private deposits and 7th 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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