The loan amount is up to 70 pct of the market value of the grain, for which a warehouse receipts are issued by licensed public warehouse, pre-approved by the Bank. The Bank will take the grain as collateral.

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.