Raiffeisenbank was named the Best Project Finance House.

In March 2004 Global Finance magazine (New York) released its rankings for the best banks in Russia 2004 covering a range of industry specialities.

Raiffeisenbank was named Best Project Finance House based on 2003 results.

The rankings will be published as part of an exclusive survey in the April 2004 issue.

The factors considered by the experts included market leadership, innovations, commitment to markets.

The award presentation ceremony will take place in London on the 20thof April 2004.