Raiffeisen recognized as Best Bank in Albania, Belarus and Bosnia and Herzegovina

 

• “The Banker“ distinguished three Raiffeisen network banks with coveted country awards

The financial industry publication “The Banker” has recognized three network banks of Raiffeisen International Bank-Holding AG, a member of the RZB Group headed by Raiffeisen Zentralbank Österreich AG (RZB), as being the “Best Bank” in their respective countries. The esteemed magazine, published by the Financial Times group, presented the awards to the Raiffeisen International network banks in Albania, Belarus, and Bosnia and Herzegovina at a reception held at the InterContinental Hotel in London.

“Awards like these provide valuable recognition for our work. They underline our good positioning in the market and they spur us on to provide our customers with even better service than we already do,” said Herbert Stepic, CEO of Raiffeisen International.

Raiffeisen Bank Sh.a. in Albania currently leads its market in all business segments and is Albania’s largest bank, with a balance sheet total of €1.9 bn as of 30 September 2009. The bank’s 104 business outlets provide services to more than 560,000 retail and corporate customers. This year marks the fourth time that Raiffeisen Bank Albania has won this prestigious award from "The Banker".

Priorbank, OAO is Belarus’s fifth largest bank, with total assets of €1.2 bn as per 30 September 2009. Priorbank services about 860,000 customers in 98 business outlets. With this year's award, “The Banker“ has recognized Priorbank as the best bank in Belarus for the fourth time.

Raiffeisen Bank d.d. in Bosnia and Herzegovina is the country’s largest bank on the basis of its balance sheet total, which stood at €2.4 bn as of 30 September 2009. The bank, which provides products and services to 770,000 customers through 101 business outlets, was recognized with the publication's “Best Bank” award already for the seventh time.