Number of Cards Issued by Raiffeisenbank Exceeded 100 000

By June 2004 number of cards, issued byRaiffeisenbank, has exceeded 100 000. Raiffeisenbank enteredRussian retail market in 1999 and as of today is among top 12largest banks in terms of total assets and among 7 largest retailbanks.

In 1999 Raiffeisenbank started to offer payrollcards to its corporate clients, the card available being VisaElectron. The Bank was the first foreign bank on the territory ofRussian Federation to issue Visa cards to the generalpublic.

In terms of statistics, as of today the share ofpayroll customers does not exceed 40% which shows that more than60% of clients are already walk-in ones. Over 70% of clients areholders of"classic" and"gold" cards in USdollars and Euro.

Raiffeisenbank''s clientele demonstratesactive usage of cards in shops, restaurants, and other places, thecorresponding turnover accounts for 10% of Visa''s totalturnover in Russia.



Many clients make use of a cash deposit functionand loan repayment possibility at ATMs equipped with the cash-infunction also accepting banknotes in other currencies than theaccount.

Today Raiffeisenbank''s clients can enjoyfull range of banking services, including opening accounts,receiving loans, obtaining Visa and MasterCard cards, conductingon-line operations, asset management and pension funds services (through NPF Raiffeisen and RaiffeisenCapital Asset Managementcompany).

As of 22nd of June 2004 total volume of privatedeposits in Raiffeisenbank was over 530 million US dollars. Basedon 2003 results Raiffeisenbank is ranked 12th in terms of totalassets and 5th among the most profitable banks in Russia (RAInterfax). Raiffeisenbank is also the 4th largest bank inRussia in terms of consumer lending and 7th in terms of privatedeposits (Expert magazine).