OREANDA-NEWS. In April 2007 the money turnover on acquiring in ZAO Raiffeisenbank Austria exceeded the benchmark of 500 mln roubles per month. This indicator outruns last year’s result for the same period by 3 times (as of end April 2006 the volume of transactions was 134 mln roubles per month), reported the press-centre of  Raiffeisenbank.


“Achievement of such a result is very important to Raiffeisenbank. The rapid growth of the terminal network and a significant increase in the volume of acquiring operations proves the successful partnership relationships between the Bank and retail networks,” - noted Roman Vorobiev, Head of Consumer Banking Directorate of ZAO Raiffeisenbank Austria.
ZAO Raiffeisenbank Austria cooperates with large and medium companies in different areas: retail sales, including sales of household appliances, products for construction and home, foodstuffs; universal stores; fitness clubs; boutiques; tourist companies; autodealers and autoservices; fuel companies; companies arranging exhibitions, etc. Raiffeisenbank offers acquiring services in all areas of the Bank’s presence, its servicing network counts up to 1,500 sales outlets.


ZAO Raiffeisenbank Austria and OAO Impexbank are subsidiaries of Raiffeisen International Bank-Holding AG. Together they form the largest foreign-owned banking group in Russia, ranking 6th in terms of assets among top Russian banks based on Q1 2007 results (Interfax-CEA). According to Interfax-CEA, Raiffeisenbank and Impexbank together ranked 4th in Russia in terms of consumer deposit volumes and 5th in consumer lending in Russia based on Q1 2007.


ZAO Raiffeisenbank Austria is a subsidiary of Raiffeisen International Bank-Holding AG, which operates one of the leading banking networks in CEE. 18 markets are covered by subsidiary banks, finance leasing companies and two representative offices. More than 12,4 million customers are attended to through 2,890 business outlets. Raiffeisen International is a fully consolidated subsidiary of Raiffeisen Zentralbank sterreich 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.