DUSHANBE, April 17, Asia-Plus -- Russia’s Impexbank intends to conduct a series of workshops for partners to its money transfer system Bystraya Pochta.

One of such seminars opened in Dushanbe today.  

Press release issued by the bank notes that it was not accident that Dushanbe had been chosen to host seminar on the Bystraya Pochta system.  “Tajikistan tops participating countries in the terms of the amount of money transfers by Bystraya Pochta,” press release said.  

Tajikistan’s largest banks are among partners and a total turnover in this direction has increased nearly three times since 2005.  

Many Tajikistan’s financial organizations, including OryonBonk, AgroInvestBonk, TajPromBank, TojikSodirotBonk, AmonatBonk (Tajikistan’s savings bank), Bank Eskhata and SohibkorBonk, have been invited to take par in the seminar.   

Bystraya Pochta is a system of money transfers between physical entities without opening a banking account in US dollars and euros.  An important advantage of this money transfer system is the fact that a transfer can be received in any Service Office of Bystraya Pochta. 

Established in 1993, Impexbank is also a universal bank, and is ranked among the top 30 Russian banks in terms of assets and equity and among the top 10 retail banks.  The bank''s customers are serviced through 203 business outlets, and about 400 points of consumer lending.

Raiffeisen International Bank-Holding AG, part of RZB Group, is the largest foreign banking group in Russia.  As of January 1, 2007, Raiffeisen International, represented in Russia by Raiffeisenbank Austria and Impexbank, has been the seventh-largest bank in Russia in terms of total assets.  Raiffeisen International announced the purchase of Impexbank in January 2006. The formal decision to start the legal merger of Raiffeisenbank Austria and Impexbank was made by Raiffeisen International last month.  The legal merger process will continue until the end of 2007.