Raiffeisen Leasing International posted
record results for 2007, with an increase in new business by 54 per
cent on 2006 to €3bn, which was the highest of all western leasing
companies active in the CEE region. RLI’s assets increased by 49
per cent to €4.6bn and its post-tax profit rose by more than 50 per
cent in 2007 to €51.8m.

Peter Lennkh, the member of the managing board of Raiffeisen
International said: “This development reflects the continuously
increasing demand for leasing products in the region. We are very
well positioned above all in those markets where there is still a
substantial amount of catching-up to be done.”

Michael Hackl, managing director of RLI added: “The Central
Europe region still remains the company’s mainstay, contributing 55
per cent to new business and the company’s pre-tax result.”
Southeastern Europe contributed 30 per cent and the CIS contributed
15 per cent to the company’s profits. The vehicle leasing segment
brought in the greatest proportion of new business volume of 69 per
cent, and the capital investment and real estate segments also
showed marked increases in volume of 20 per cent to €593m and 11
per cent to €337m respectively.

Raiffeisen International, which included Raiffeisen banks and
leasing companies were sponsors of the 2008 Eurovision Song
Contest. It was the ‘presenting partner’ in 12 CEE countries.