Raiffeisenbank in Ukraine
Raiffeisenbank in Ukraine is very popular with both individuals and legal entities. In 2007, it was recognised as "Bank of the Year". And this is not the only curious fact from its history. In fact, this bank has been operating in Ukraine for three decades, but initially, it had a different name and different owners.
Briefly about the transformation of Bank Aval into Raiffeisenbank
In 1992, Bank Aval started operating in Ukraine, which later became the current Raiffeisenbank. It demonstrated successful results of its activity. This attracted foreign investors to invest in this business.
Raiffeisen Bank International Group acquired Bank Aval in 2005, buying 93 per cent of its shares and paying $1 billion for them. After that, its official name became Raiffeisenbank Aval. This is how it was called until 2021. Then, having changed the charter and made appropriate adjustments in the state register, the old name Aval was no longer added to Raiffeisenbank.
Areas of activity
Ukrainian Raiffeisenbank provides a full range of modern financial services for both citizens and legal entities. For clients are available:
- Opening accounts and obtaining plastic cards;
- Many types of loans and deposits;
- Property and health insurance.
Popular Products of Raiffeisenbank
Debit Raifkarta Visa
Debit Raifkarta is one of the most popular financial products. It is characterized by free issuance and servicing and also by the fact that it allows you to withdraw cash from any ATM in the country without commission. The population Mainly uses debit Raifkarta to receive salaries and pensions. It is necessary to note the disadvantage: the lack of cashback for purchases and additional privileges.
Debit Raifkarta Plus Visa
For the issue of this card, you do not need to pay, but there are nuances with the payment for service. It will be accessible only if the average monthly balance is not less than 5000 hryvnias or the monthly purchases exceed 5000 hryvnias. It is enough to fulfil at least one of these conditions. Otherwise, the service fee will be UAH 39 per month.
You can withdraw cash without commission at any bank terminal. When making non-cash payments, you can get 1% cashback for all purchases and additional options: the "More!" incentive programme and the "World of Privileges" loyalty programme.
Exclusive Visa debit card
As for this card, it provides its owners with a premium level of service. It is most relevant for the wealthy category of citizens who often travel and fly. A personal manager is assigned to each Exclusive Visa card holder.
A so-called concierge service is provided in the 24/7 mode, which helps to book rooms, order tickets, receive visa support, etc. Raiffeisenbank customers who have this card have free access to VIP lounges at airports all over the world. Travel insurance is also provided. This is not a complete list of privileges.
The Exclusive Visa card is issued free of charge. Maintenance costs UAH 2000 per month, but it can also be made free of charge if you make monthly purchases in the amount of UAH 60 thousand or keep at least UAH 250 000 on it.