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Raiffeisenbank opened its eighth regional branch — in Krasnoyarsk.

Continuing the programme of expansion of its regional presence, on the03rd of October the regional branch of ZAORaiffeisenbank Austria in Krasnoyarsk was officially opened. Krasnoyarsky is the eighth regional branch in the branch network of Raiffeisenbank.

Official press conference devoted to the branch opening and theribbon-cutting ceremony took place within the branch premises atProspect Mira, 74-A. Questions raised by the journalists were answeredby Members of the Managing Board of Raiffeisenbank and management ofKrasnoyarsky branch, and also by Deputy Head of Administration, Mr.Novak.

At present the Bank disposes of 19 branches in Moscow, 5 branches inSaint Petersburg and branches in Ekaterinburg, Samara, Novosibirsk,Chelyabinsk, Nizhny Novgorod and Krasnodar. The Bank plans to openbranches in Perm, Tyumen and Ufa.

Krasnoyarsk is the largest industrial and cultural centre of Eastern Siberia, the second largest region in Russia by area, - underlined Johann Jonach, the Chairman of the Managing Board of Raiffeisenbank. We believe in further development of this perspective region andhope that we will be a successful part of it.

Like every regional branch of Raiffeisenbank, Krasnoyarsky branch offersthe full range of services to both corporate and individual clients. InKrasnoyarsk Raiffeisenbank also offers services of all Raiffeisenaffiliate companies in Russia: Raiffeisen-Leasing, Non-State PensionFund Raiffeisen, OOO Raiffeisen Capital Asset Management Company.

Raiffeisenbank is ranked 8th in terms of assets among top Russian banksbased on Q2 2006 results (CEA Interfax). At present the Bank disposes of19 branches in Moscow, 5 branches in Saint Petersburg and regionalbranches in Ekaterinburg, Samara, Novosibirsk, Chelyabinsk, NizhnyNovgorod and Krasnodar. Among the leading retail banks Raiffeisenbank isthe 6th largest bank in Russia in terms of consumer lending and 7th interms of private deposits based on Q2 2006 results (CEA Interfax).

ZAO Raiffeisenbank Austria is a subsidiary of Raiffeisen InternationalBank-Holding AG which is the steering company for subsidiary banks and leasing units in 16 markets of Central and Eastern Europe (CEE). More than 11 million customers are served via over 2,700 business outlets. Raiffeisen International is a fully consolidated subsidiary of RaiffeisenZentralbank Austria AG (RZB), which owns 70 per cent of the common stock. The remaining 30 per cent 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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