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Time to act: Raiffeisenbank announces the launch of a new deposit

February 22 2019

Raiffeisenbank announces the launch of a new «Time to act» deposit, with a maximum rate of 6.5%. The deposit can be opened for a period of 181, 366 or 730 days with a minimum deposit amount of 50 thousand rubles. The terms of the deposit suggest the possibility of choosing a method of obtaining interest — adding to the amount of the deposit or crediting to the current account. The «Time to act» deposit can be opened in the Raiffeisen Online bank, mobile application or at any office of Raiffeisenbank. The offer is valid until April 8, 2019 inclusive.

«We are confident that the new deposit will be popular among our clients," Maksim Stepochkin, the Head of Raiffeisenbank’s Non-Credit Products Department said. «Its terms will allow not only to placing funds at a profitable interest, but also to make a profit in the most convenient way.»

Raiffeisenbank also increased interest rates on «Stable growth», «Personal choice» and «Welcome! (Premium)» deposits. The maximum rates on them will be 5.58%, 5.22% and 6.6% per annum, respectively.

The changes take effect on February 22, 2019. Please, find more details about the terms of the new deposit and other deposits on the official website of Raiffeisenbank.

AO Raiffeisenbank is a subsidiary of Raiffeisen Bank International. Raiffeisenbank takes the 10th place in terms of assets at the year-end of 2018 (Interfax-CEA). According to Interfax-CEA, AO Raiffeisenbank takes the 6th place in Russia in terms of private funds and the 7th place in terms of private loans at the year-end of 2018.

Raiffeisen Bank International is a leading corporate and investment bank in the financial markets of Austria and in the countries of Central and Eastern Europe. In Central and Eastern Europe, Raiffeisen Bank International operates an extensive network of subsidiary banks, leasing companies, asset management companies and other specialized financial services providers in 13 markets.
47,000 employees of Raiffeisen Bank International serve nearly 16 million clients in more than 2,200 branches, most of which are located in Central and Eastern Europe. Raiffeisen Bank International shares are listed on the Vienna Stock Exchange. 58.8% of the shares are held by Austrian banks of Raiffeisen Group, the rest is in free circulation.

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