Raiffeisenbank extends the promotion of its loans for the small business by December 31st, 2006. The small enterprises and free lancers can benefit of the initial annual interest rate of 5 % for loans in euro. The interest rate for the remainder starts from 7,5% and depends on the collateral.

The issue was launched under EIB’s Euro Medium Term Note programme and has a volume of BGN 150 million (approximately EUR 77 million) with an issue price of 100.00%.

The owners of small and medium-sized companies, which are approved for a business credit from Raiffeisenbank, get a bonus –domestic credit card RaiCARD without additional collateral.

The new co-branded card combines the functions of a credit card for cash withdrawal or payments in stores or internet and free VIP Web Communicator for internet surfing.

The well-established strong growth of the banking markets in Central and Eastern Europe (CEE) has further accelerated during the last year.

Just 5 months after the start of the public offering of 4 mutual funds of Raiffeisen Asset Management, the assets under management exceeded BGN 30 Mln.