As in 2011, the British financial magazine Euromoney awarded the coveted title «Best Bank in Central and Eastern Europe» (CEE) to Raiffeisen Bank International AG (RBI). The award was presented at a ceremony in London last night.
«The seventh award confirms our leading position in CEE and our sustainable success. Since our IPO in 2005, we closed every quarter with a considerable profit despite a sometimes very challenging economic environment. The recently closed acquisition of Polbank in Poland should further strengthen our excellent position in CEE,» said Herbert Stepic, Chairman of RBI’s Managing Board.
The Euromoney-award is already the third decoration RBI received for its excellent service for private and corporate customers in CEE so far this year. In April, Global Finance magazine awarded the title «Best Bank in Central and Eastern Europe» to RBI for the eighth time. And in May, RBI received the prestigious title «Best Bank in CEE & CIS» from EMEA Finance for the third time.
RBI’s subsidiary Raiffeisen Bank d.d. Bosna i Hercegovina had also reason to be happy last night, having received the local title as «Best Bank».
Euromoney is one of the world’s leading monthly publications for the global banking, finance and capital markets. For already more than twenty years, its «Awards for Excellence» have recognized the best-performing financial institutions in every significant financial market and product sector, as well as the leading banks in well over 100 countries.
Raiffeisen Bank International AG (RBI) regards both Austria, where it is a leading corporate and investment bank, and Central and Eastern Europe (CEE) as its home market. In CEE, RBI operates an extensive network of subsidiary banks, leasing companies and a range of other specialized financial service providers in 17 markets.
RBI is the only Austrian bank with a presence in both the world’s financial centres and in Asia, the group’s further geographical area of focus.
In total, around 61,300 employees service about 14.6 million customers through around 3,100 business outlets, the great majority of which are located in CEE (these figures include Polbank).
RBI is a fully consolidated subsidiary of Raiffeisen Zentralbank Osterreich AG (RZB). RZB indirectly owns around 78.5 per cent of the common stock, the remainder is in free float. RBI’s shares are listed on the Vienna Stock Exchange. RZB is the central institution of the Austrian Raiffeisen Banking Group, the country’s largest banking group, and serves as the head office of the entire RZB Group, including RBI.
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