Saxo Bank to Stay with Riis Cycling in 2013, Tinkoff Bank New Co-Title Sponsor

Saxo Bank to Stay with Riis Cycling in 2013, Tinkoff Bank New Co-Title Sponsor PR Newswire MOSKOW, June 25, 2012 MOSKOW, June 25, 2012 /PRNewswire/ -- Saxo Bank, the trading and investment specialist, will stay with Riis Cycling in 2013. In 2012 Saxo Bank has been the sole title sponsor of the professional cycling team. But from this year's Tour de France throughout 2012 and 2013, Tinkoff Bank (also known as Tinkoff Credit Systems), the only Russian online bank, has decided to partner with Riis Cycling, and the three partners have agreed for Tinkoff Bank to become Co-Title sponsor. Team owner Bjarne Riis says: "This is indeed a great day and a proud moment for our cycling team, and I believe we now have a very strong setup for the future development of Riis Cycling and our team." "To continue with Saxo Bank as a main sponsor shows in words and action that together we have been able to build an extremely strong partnership based on the obvious benefits for both of us over the past five years. Today, to also be able to announce and warmly welcome Tinkoff Bank on board makes me even more proud. I'm honored to partner with two such highly professional and dedicated companies, who share a great passion for cycling, but also see commercial benefits in sponsoring our team.