The promotion includes a free of charge VISA Classic, with annual card fee waived for the first year. The offer is valid until the end of September 2004.

Half of IFC’s investment takes the form of long term loans to Raiffeisen International’s subsidiaries in Russia, Romania, Belarus and Ukraine. The other half is an option to invest equity in Raiffeisen International, if needed for the further expansion of the group.

Raiffeisen Leasing Bulgaria OOD is a universal leasing company and working together closely with Raiffeisenbank (Bulgaria) EAD, offers a considerable variety of leasing products focused on the financial leasing.

The issue is collateralised by pledge of receivables and leased assets, and has a nominal value of EUR 2 Mio. Joint-Lead Managers of the issue are Raiffeisenbank (Bulgaria) EAD and TBI Invest EAD.

In view of the success of this initial phase, the facility is being launched into general syndication at an increased amount of €50mn.

he client chooses payment of the interest on maturity or payment in advance on 1-, 3- or 6- monthly basis. The product goes with a free international VISA Electron card, issued in the currency of the term deposit.