Raiffeisenbank develops retail business

09 June 2003
Since early April Raiffeisenbank started offering consumer loans up to BGN 30 000 with max. term 10 years to its retail customers. The product completes bank's the retail products range that also includes housing loans for purchase and repairs of apartments, family houses, garages, etc., as well as overdrafts up to 6 salaries.
The consumer loans portfolio reaches over BGN 2 million by the end of May, which is far above expected for the period.
Raiffeisenbank offers also domestic and international Mastercard and Visa debit cards, as well as international Visa credit cards. Sice last year the bank offers international money trasfers via MoneyGram and next month plans to introduce fast domestic payments in BGN.