The new Executive Director of Raiffeisenbank has gained experience in the Retail banking, while working at Creditanstalt Vienna, ING Bank – Bratislava and AIG – Bratislava.

The maturity of the bond is 5 years and pays out a semi-annual coupon of 7.00 per cent p.a. Initially the bond is launched through a private placement. The nominal value of a single bond is BGN 1000.

The promotional conditions for the purchase of a new vehicle are available from the beginning of the fair until the end of June.

The balance-sheet total of Raiffeisenbank (Bulgaria) EAD reached BGN 2 112,6 mln. in the first quarter of 2005, reflecting an increase of 128,37 per cent over the first quarter of 2004.

RaiCARD is a revolving credit card in BGN available to all Bulgarian citizens aged between 18 and 63, who have a regular monthly income.

25 investment projects of small enterprises will be financed by the bank at preferential terms and conditions.