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Raiffeisenbank has launched its «The path to success!» credit card promotion.

From October 1st until November 15th 2008, ZAO Raiffeisenbank will be running `The Path to success!` credit card promotion, in which it is inviting potential customers to obtain a Raiffeisenbank MasterCard or a Raiffeisenbank MasterCard Gold with a 50% discount on the annual service fee for the first year. Every client who obtains a credit card will receive the audio book Aphorisms about the path to success as a gift.

By running special promotions, we want not only to point out the advantages of credit cards, such as: convenience, functionality, the long percentage-free pay-back period. It is important that the participants of the promotion, along with the really attractive offer, will receive a nice gift, said Roman Vorobiev, Member of the Board, Head of Consumer Banking Directorate.

This promotion is operating in all of the offices and regional branches of Raiffeisenbank.

Information concerning the Path to success! promotion and other special promotions from Raiffeisenbank can be found on the website of the Bank. Full information on Raiffeisenbank's tariffs and terms of credit cards issuance can be found in the Retail Banking  Credit cards.

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 1H 2008 results (Interfax-CEA). According to Interfax-CEA, ZAO Raiffeisenbank ranked 5th in Russia in terms of private deposits and 6th in consumer lending in Russia based on 1H 2008 results.

Raiffeisen International operates one of the largest banking networks in CEE. 17 markets of Europes growth region are covered by subsidiary banks, finance leasing companies 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 countrys largest banking group.


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