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ZAO Raiffeisenbank’s Siberian Network Bank Is Four Years Old

In November of this year, four years have passed since the opening of ZAO Raiffeisenbanks Siberian branch (Novosibirsk).

Since the beginning, the branch has occupied an active position on the regional market and is today one of the leading banks of the Siberian Federal District. The Siberian branch takes part in club deals, syndicated credit, and project financing. The corporate credit portfolio of the branch exceeds 12 billion roubles today. At the same time, the branch continues to offer credit services to individual clients. Its retail credit portfolio comes to about 3 billion roubles.

In his congratulatory address on the anniversary to his colleagues, Pavel Gurin, CEO of ZAO Raiffeisenbank, emphasized: I would like to thank the head of branch, director of the Siberian Regional Centre Andrey Pochesnev, as well as branch team for a high level of professionalism, thanks to which we have been able to become one of the regions leading banks. Novosibirsk is the third-largest city in Russia, containing more than two hundred large and medium-size manufacturing organisations. Needless to say, this represents a large point of interest for our business, and I am glad to say that Raiffeisenbank is one of the important participants in the economy of Novosibirsk today. Now the branch is one of the top three region leaders in corporate credit, and is partnered with large businesses in the spheres of metallurgy, energy, and coal production. We serve more than 40 000 individual clients. Of course, results like these give us a certain confidence in the long-term development of our activities, not only in Novosibirsk, but also in other cities in the Siberian Federal District.

In his turn, Andrei Pochesnev gave words of thanks to his clients. As you know, the banking business is built on trust and responsibility, and it is very important to us that such a significant amount of clients has shown its trust in and loyalty to Raiffeisenbank. On our part, we are glad to offer in exchange our traditionally high quality of service and individual approach.

Today, Raiffeisenbank is represented with 6 offices in Novosibirsk. Additionally, one branch is located in Berdsk, a satellite town of Novosibirsk. It should be noted that three additional offices  Centralniy, Studencheskiy, and Na Prospekte  are opened during last year and a half.

The Siberian branch is the head office of the Siberian Regional Centre, coordinating the operations of offices in Novosibirsk, Krasnoyarsk, Omsk, Tomsk, Kemerovo, Barnaul, Irkutsk, Angarsk, Bratsk, Blagoveshchensk, Chita, Yakutsk, Khabarovsk, Magadan, Vladivostok, Artem, and Kamchatka.

ZAO Raiffeisenbank is a subsidiary of Raiffeisen International Bank-Holding AG. Raiffeisenbank is ranking 9th in terms of assets among the Russian banks based on 3Q 2009 results (Interfax-CEA). According to Interfax-CEA, ZAO Raiffeisenbank ranked 5th in Russia in terms of private deposits and 8th in consumer lending in Russia based on 3Q 2009 results.

Raiffeisen International operates one of the largest banking networks in CEE, covering 17 markets across the region through subsidiary banks, leasing companies and a range of other financial service providers. The groups nearly 59,000 employees service around 15 million customers via more than 3,100 business outlets. Raiffeisen International is a fully-consolidated subsidiary of Raiffeisen Zentralbank Osterreich AG (RZB), which owns about 70 per cent of the common stock. The remainder is in free float, with the shares listed 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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