OREANDA-NEWS. January 25, 2007. Since the beginning of the year, ZAO Raiffeisenbank has extended the boundaries of its operations, and with today's launch of a new branch in Mytishchi at 2/3 Kamarova St. is now represented in the Moscow Region, reported the press-centre of Raiffeisenbank.

Commenting on the event, Johann Jonach, the CEO of ZAO Raiffeisenbank, stressed: "The opening of this new branch is the latest step in the development of Raiffeisenbank’s network. This is not only the first branch opened since Raiffeisenbank and Impexbank merged, but also the first fully fledged office of Raiffeisenbank in the Moscow Region, offering the same range of products as its Moscow neighbors. I hope that in the near future Raiffeisen will have enough branches to ensure maximum service comfort all the residents of the Moscow Region".

The new branch offers a full range of retail banking services and products: current accounts, debit cards, time deposits, and all retail lending programs (mortgages, auto and consumer loans, credit cards). The branch also provides comprehensive consulting on the services offered by the bank's subsidiaries Raiffeisen Capital Management Company and Raiffeisen Private Pension Fund. Safety deposit boxes are available for lease at the branch and are accessible Monday through Friday from 9:00-18:00.

The working hours of the branch are the same as those for all other Raiffeisen institutions: Monday through Friday, 9:00- 20:00; 10:00-17:00 on Saturdays; closed on Sundays.