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The Voronezhsky branch of ZAO Raiffeisenbank has moved to a new office.

On 20th October 2008 the Voronezhsky branch of ZAO Raiffeisenbank moved to a new office at 14, Svobody street, Voronezh. Now the office of the bank is located in the business center 'BIK', in the center of the town, on the pedestrian part of Kirova street and Platonova street, next to the Administration building of the Voronezhsky region.

As before, the new branch will make all our banking services accessible to private banking customers; current accounts, debit cards, fixed deposits, all our private banking lending services (mortgages, car and consumer loans and also credit cards), a 24 hour bank machine with a 'cash in' function. Customers can consult with our specialists about the services of the management company Raiffeisen Capital and the non-state pension fund of Raiffeisen.

«This move is part of our strategic development plan for the bank in Voronezh», stressed the director of the Voronezhsky branch Sergey Terekhov, whilst talking about this important event in the life of the branch. «In our town, the bank is developing fast, our customer base is growing and our credit portfolio is also growing fast. The bank will continue to strive to meet all the demands of our customers and offer banking services that meet the high standards of the Raiffeissen group».

The branch will continue to operate according to the standard Raiffeisenbank opening hours; Monday to Friday from 9.00 to 20.00, Saturday from 10.00 to 17.00 and closed on Sundays.

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 Europe’s growth region are covered by subsidiary banks, finance leasing companies and a number of other financial service providers. Over 14,4 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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