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Russia’s Raiffeisenbank and Rosbank announced unification of ATM networks

Raiffeisenbank and Rosbank are uniting their ATM networks throughout Russia. The joint network includes over 5,000 ATMs (over 2,000 Raiffeisenbank ATMs and more than 3,000 Rosbank ATMs). As part of a partnership agreement, Raiffeisenbank and Rosbank cardholders can withdraw cash with no extra fees from both banks ATMs from December 1, 2012.

Customers can also get information on their card balance and pay for housing services and utilities. Limits on withdrawals will be the same as those established by the card issuer.

Our priority in remote service development is maximum functionality and availability of channels for our retail customers. This year, by joining ATM networks, we increase the number of ATMs where customers can make transactions at home fees. Our choice of a partner bank was conditioned by Rosbanks well-developed network in the regions. From now on, it will be more convenient and profitable for our customers to use our cards since they can find an ATM close to their home or office, said Tatiana Belozerova, Head of the Alternative Sales Channels Development Department at ZAO Raiffeisenbank.

Rosbanks ATM network, together with partner bank ATMs, is one of the largest in Russia. Our customers can carry out transactions at Rosbanks fees at more than 21,000 ATMs. We strive to make our service convenient for customers, and as a part of this strategy we are extending the range of remote services. Using these services, you can not only withdraw or deposit cash, but also pay for different kinds of services  telephone, TV, internet and so on, said Andrey Grachev, Head of the Card and Remote Technologies Department at Rosbank.

You can find more information on ATMs at Raiffeisenbanks official website or Rosbanks.

ZAO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank ranks 11th among the Russian banks in terms of assets, based on Q3 2012 results (Interfax-CEA). According to the same Interfax-CEA data, ZAO Raiffeisenbank ranked 5th in terms of liabilities of individuals and 10th with regard to consumer lending.

Raiffeisen Bank International AG (RBI) 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. 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. In total, around 61,300 employees service about 14.6 million customers through around 3,100 business outlets, the great majority of which are located in CEE (these figures include Polbank). 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, the remainder is in free float. RBIs shares are listed on the Vienna Stock Exchange. 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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