Five Global Finance awards for RZB Group.
Raiffeisen Zentralbank Osterreich AG (RZB) and its Network Banks wereselected as"Best Treasury and Cash Management Bank" in Central andEastern Europe (CEE) by Global Finance magazine. Global Finance haspublished the rankings in its March issue. With input from leadingindustry analysts, corporate executives and technology experts GlobalFinance based the rankings on factors like market leadership, customerservice, competitive pricing, and innovative technologies. RZB won fiveout of seven categories for the region including:
• “Best Overall Bank for Cash Management”
• “Best Bank for Liquidity” (includes Cross-Border Pooling and Netting)
• “Best Provider of Money Market Funds”
• “Best Bank for Risk Management”
• “Best Bank for Payments and Collections”
“In Treasury and Cash Management we’re working continuously to improve our systems and our services”, says Patrick Butler, Member of the Managing Board of RZB responsible for Treasury and Investment Banking. “These awards from Global Finance are an endorsement of our efforts which we highly appreciate.”
Manfred Url, Member of the Managing Board of RZB responsible for CashManagement, adds:“With its tailor-made cash management solutions RZB is a customer-oriented, reliable and flexible partner. The Global Finance awards underline our outstanding position as the leading bank in CEE”.
“In today''s competitive global economic environment, treasurers need the best tools and advice available to make capital work harder than ever,” says Global Finance publisher Joseph D. Giarraputo. “Our awards identify the providers that consistently improve transaction processes to speed collections and reduce risks.”
Global Finance magazine has more than 250,000 readers in about 160countries, including chairmen, presidents, CEOs, CFOs, treasurers andother financial officers responsible for making investments andstrategic business decisions for large global companies and financialinstitutions. Global Finance targets most of the 8,000 key portfolioinvestors who control over 80 per cent of all assets under professionalmanagement.
Raiffeisen Zentralbank Osterreich AG (RZB) is the central institution ofthe Austrian Raiffeisen Banking Group, the country''s most powerfulbanking group. It is a leading corporate and investment bank in Austriaand also considers Central and Eastern Europe (CEE) as its home market.Via listed subsidiary Raiffeisen International Bank-Holding AG(Raiffeisen International), it operates a leading banking networks inCEE with 16 subsidiary banks and numerous finance leasing companies in16 markets. 9.2 million customers are attended to through 2,400 businessoutlets. Representative offices in Lithuania and Moldavia complement thegroup''s presence in the region.
The award’s logo can be downloaded at http://www.rzbfiles.at/gfbesttrandcm2006.jpg
For further information please contact Andreas Ecker-Nakamura (+43.1/71707-1753, firstname.lastname@example.org) or Gregor Bitschnau (+43.1/717 07-1955,email@example.com).