RZB Group receives five awards in total. RZB and RaiffeisenInternational awarded as"Bank of the Year 2006" in Central and EasternEurope. Additional awards for RZB in Austria and Raiffeisenbanks inBulgaria, Croatia and Serbia.
The Banker, the renowned magazine of the Financial Times Group, awardedRaiffeisen Zentralbank Osterreich AG (RZB) together with RaiffeisenInternational Bank-Holding AG the global title“Bank of the Year 2006” in Central and Eastern Europe (CEE). In addition, RZB was awarded the title"Bank of the Year" in Austria. The Raiffeisenbanks in Bulgaria,Croatia and Serbia were also chosen as"Bank of the Year" in theirrespective home markets. The awards were presented at a receptionceremony in London yesterday.
The title"Bank of the Year" is awarded by The Banker for differentregions, countries and categories. It is considered to be one of themost prestigious banking awards. The decision is not only based onquantitative criteria, such as asset growth or profitability, but alsothe development of state-of-the-art technical infrastructures andfuture-oriented strategies and their implementation.
Uniquely dynamic development in Central and Eastern Europe
Based on the decision by the jury, RZB and Raiffeisen Internationaltogether are the"Bank of the Year 2006" in the growth region of CEE,after receiving the global award as"Bank of the Year 2005” in Emerging Markets already last year."We are delighted by this award, as it notonly proves the quality of our network in CEE, but also our pioneeringrole in the region which we have again underlined by our massiveexpansion in Russia this year," said Walter Rothensteiner, RZB''s CEO andRaiffeisen International''s Supervisory Board President.
"Raiffeisen attracts more than 100,000 new customers per month," addedHerbert Stepic, CEO of Raiffeisen International."The award acknowledgesthis uniquely dynamic development in combination with our sound businessperformance."
"Bank of the Year" in Austria
RZB was also awarded the title"Bank of the Year" in Austria."Thisdecoration underlines the pleasant development and the success of ourcustomer business in Austria. Clear customer-focus, excellent serviceand product quality combined with innovative strength, give us thedecisive edge in the market," said Rothensteiner.
Additional awards for Bulgaria, Croatia and Serbia
Raiffeisenbank Austria d.d., Zagreb, received the title"Bank of theYear" in Croatia for the first time. With total assets of 4.2 billioneuros as of end of September 2006, it is the country''s fourth-largestbank.
Raiffeisenbank (Bulgaria) EAD, Sofia, received the award for the secondconsecutive year. With total assets of 1.7 billion euros as of end ofSeptember 2006, it is the fourth-largest bank in the country.Established in 1994, it serves about 200,000 customers by way of 102business outlets.
Raiffeisen banka a.d., Belgrade, was selected as"Bank of the Year" inSerbia for already the third time. In autumn 2000, Raiffeisen banka wasthe first bank to be established by western owners after the politicalchanges. With a 33 per cent growth it is one of the fastest growingbanks in the network of Raiffeisen International and with total assetsof 1.9 billion euros (at the end of the third quarter 2006) it is by farthe largest bank in the country.
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The award logos can be downloaded at:
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Raiffeisen Zentralbank Osterreich AG (RZB) is the central institution ofthe Austrian Raiffeisen Banking Group, the country''s largest bankinggroup. It is a leading corporate and investment bank in Austria and alsoconsiders Central and Eastern Europe (CEE) as its home market. Vialisted subsidiary Raiffeisen International Bank-Holding AG, it operatesone of the leading banking networks in CEE with subsidiary banks andfinance leasing companies in 16 markets. More than 11.7 millioncustomers are attended to through more than 2,775 business outlets.Representative offices in Lithuania and Moldova complement the group''spresence in the region.For further information please contact MichaelPalzer (+43-1-717 07-1504, firstname.lastname@example.org) or Lars D. Hofer(+43-1-71 707-1930, email@example.com).http://www.ri.co.at,http://www.rzb.at