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ZAO Raiffeisenbank holds special «Summer; Freedom» offer for Visa credit cards

ZAO Raiffeisenbank, jointly with Visa, is holding a special offer for Visa credit cards — «Summer; Freedom,» under which potential clients can open a Raiffeisenbank Visa or Raiffeisenbank Visa Gold credit card with a 50% discount on the annual service fee for the first year. The offer is good from June 2 through August 2, 2008 at all offices and branches of Raiffeisenbank.

The first 3000 clients making at least one purchase of no less the RUR500 by August 2 on a credit card opened during the special offer will receive a beach towel as a gift.

«This promotional campaign has the advantage of allowing our potential clients to open a credit card using this valuable special offer and enabling them in the future, when making the purchases they would normally make, to receive interesting gifts,» comments Roman Vorobiev, a member of the bank's management board. «Holding special offers like this together with Visa, a leading international payment system, allows us to increase the loyalty of our permanent customers and attract new users of this credit product.»

Detailed information of the terms of this offer are available at the site in the «Special Offers» section.

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 1Q 2008 results (Interfax-CEA). Raiffeisenbank is ranked 8th in terms of corporate lending based on 1Q 2008 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 1Q 2008 results.

Raiffeisen International operates one of the largest banking networks in CEE. 17 markets of Europe’s growth region are covered by subsidiary banks, finance leasing companies, a representative office and a number of other financial service providers. Over 14 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 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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