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.