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.

In support of the dynamic growth of Raiffeisenbank (Bulgaria) EAD, its 100% owner Raiffisen International Bank-Holding AG increased the main capital of the bank with BGL 19,5 Mio., from BGL 26,5 Mio. to BGL 46 Mio., as the total capital base increased from BGL 78,7 Mio. to BGL 110,6 Mio.

In 2003 Raiffeisenbank (Bulgaria) EAD fully disbursed the EUR 10 Mio credit line granted by the European Bank for Reconstruction and Development for financing projects of small and medium-sized enterprises.

Balance-sheet total plus 21 per cent, profit before tax plus 42 per cent, ROE before tax 15.5 per cent. Market share gains in Austria and Central and Eastern Europe. Network in Central and Eastern Europe keeps growing fast

RZB Group also wins country awards for Albania, Belarus, Bosnia and Herzegovina, Romania, Serbia and Montenegro, Slovakia.

The global loan will serve for financing of small- and medium-scale projects in the field of environmental protection, infrastructure, industry or tourism.