Raiffeisenbank introduces a new service «Mortgage Saturdays» .

Raiffeisenbank introduces a new service“Mortgage Saturdays”, i.e., individual consultations on mortgage lending. Owing to this service every Saturday clients visiting specialized divisions can get detailed consultations without submitting any documents and also apply for a mortgage loan. Our consultants are ready to answer any questions of potential borrowers.

Commenting on the service Member of Raiffaisen Board, Head of the frontoffice for contacts with natural persons Roman Vorobiev pointed out:“Mortgage is a sophisticated product requiring detailed and unhurried consultation with a specialist. As a rule, a client should discuss all the details related to the mortgage loan with his/her marriage partner, which is practically inconceivable during Bank consultations, after work or during a short break in the lobby full of other clients. “Mortgage Saturdays” give a family an opportunity to make this crucial decision consciously, in relaxed atmosphere”.

Raiffeisenbank introduced mortgage loan to the market as early as 2000,in 2003 the first mortgage division was established. On the 28th ofOctober the initiative“Mortgage Saturdays” was introduced into several Moscow divisions: “Krasnye Vorota”, “Leninsky 32”, “Novy Arbat”, “Preobrazhenskoye”, “Romanov Dvor”, “Tishinskoye” as well as to the affiliated company “Sibirsky” located in Novosibirsk. The introduction of this service into other Bank’s branches is planned in near future.

For further information see:www.raiffeisen.ru,section“For private persons: Mortgage in Raiffeisenbank”.

ZAO“Raiffeisenbank Austria” occupies the 8th position among Russia’s major banks in terms of the amount of assets according to the outcomes of the 2nd quarter of 2006 (The Center for Economic Analysis, Interfax). Nowadays, the Bank has 19 branches in Moscow, 5 branches in St.Petersburg, regional branches in Ekaterinburg, Samara, Novosibirsk, Chelyabinsk, Nizhny Novgorod, Krasnodar and Krasnoyarsk. Among Russia’s leading retail banks Raiffeisen occupies the 6th position in terms of the amount of credits for private persons and the 7th position in terms of private deposits according to the outcomes of the 2nd quarter of 2006 (The Center for Economic Analysis, Interfax). Raiffeisenbank occupies the 9th position in terms of the amount of the corporate loan portfolio according to the outcomes of the 2nd quarterof 2006 (The Center for Economic Analysis, Interfax).

ZAO“Raiffeisenbank Austria” is an affiliate company of Raiffeisen International Bank Holding AG (Raiffeisen International); the Holding manages bank affiliates and affiliated leasing companies on 16 markets in Central and Eastern Europe. Over 2,700 branches render services to 11 mio. clients. Raiffeisen International is a completely consolidated affiliate company of Raiffeisen Zentralbank Austria AG (RZB) owning 70 percent of Holding’s common capital stock, the remaining 30 percent are in free circulation and traded on the Vienna Stock Exchange. Being the lead bank of the Raiffeisen Group, the largest banking group of Austria, RZB is the leading corporate and investment bank and the leading bank of Austria.