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Home Sources Business & Entrepreneurs

Russia’s Raiffeisenbank cancels commissions on housing payments

by PressCenter.com
July 30, 2013
in Business & Entrepreneurs, Categories, Society & Welfare, Sources
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«Every family has to pay for housing services, so the demand for this service is permanent. Among our customers we observe a growing demand for service payment via ATMs and the Internet bank, as the number of remote service channel users is increasing,» said Natalia Masarskaya, Head of Alternative Sales Channels at ZAO Raiffeisenbank. For more information about remote banking services at ZAO Raiffeisenbank.

ZAO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank ranks 12th among the Russian banks in terms of assets, based on Q1 2013 results (Interfax-CEA). According to the same Interfax-CEA data, ZAO Raiffeisenbank ranked 5th in terms of liabilities of individuals and 10th with regard to consumer lending.

Raiffeisen Bank International AG (RBI) regards both Austria, where it is a leading corporate and investment bank, and Central and Eastern Europe (CEE) as its home market. In CEE, RBI operates an extensive network of subsidiary banks, leasing companies and a range of other specialised financial service providers in 17 markets.

RBI is the only Austrian bank with a presence in both the world’s financial centres and in Asia, the group’s further geographical area of focus. In total, more than 59,000 employees serve some 14.2 million customers through more than 3,000 business outlets, the great majority of which are located in CEE.

Raiffeisen Bank International is a fully-consolidated subsidiary of Raiffeisen Zentralbank Oesterreich AG (RZB). RZB indirectly owns around 78.5 per cent of the common stock, the remainder is in free float. RBI’s shares are listed on the Vienna Stock Exchange. RZB is the central institution of the Austrian Raiffeisen Banking Group, the country’s largest banking group, and serves as the group head office of the entire RZB Group, including RBI.

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Tags: ATMsCentral and Eastern EuropecommissionsHousing and Communal Serviceshousing paymentsinternet banking systemMoscow City Telephone NetworkRaiffeisenbankRussia
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