Euromoney: Raiffeisen Bank Best Bank in Albania


Best Bank in Albania

Euromoney, the world’s leading monthly publication for the global banking, finance and capital markets, has chosen Raiffeisen Bank in Albania as “Best Bank” in the country for the fourth consecutive year. The bank was acquired by Raiffeisen International in 2004 and is Albania's largest bank with a balance-sheet total of 1.9 billion Euro.

“We are very proud that the well-known Euromoney magazine has chosen Raiffeisen Bank again as the Best Bank in the country and we strongly believe that we will continue to grow and face the future challenges as we have done in the past. Our mission here is to raise banking standards and make a difference to our customers' lives through the provision of the best products and high quality customer service”, said Oliver Whittle, CEO of Raiffeisen Bank in Albania.

Euromoney awarded Raiffeisen International and RZB ""Best Bank in Central and Eastern Europe""

In addition, Raiffeisen Zentralbank Österreich AG (RZB) and its CEE-subsidiary Raiffeisen International Bank-Holding AG received the award ""Best Bank in Central and Eastern Europe"". At the same time, besides Albania, the Network Banks in Bosnia and Herzegovina, Serbia, Slovakia, Kosovo and Belarus received awards as ""Best Bank"" in their country. Raiffeisen Bank in Bulgaria was elected as ""Best Debt House"" in the country.

This year the Award for Excellence for CEE was given to RZB and Raiffeisen International for the fourth consecutive year. ""The decision of the jury confirms that we are on the right track. In a demanding market environment we were able to continue our profitable growth,"" said Walter Rothensteiner, CEO of RZB and Chairman of Raiffeisen International’s Supervisory Board. ""The award honours that we have thoroughly advanced the integration of our acquired banks in 2007 and at the same time enlarged our client base by 1.6 million new customers,"" added Herbert Stepic, CEO of Raiffeisen International.


Raiffeisen Bank in Albania is part of Raiffeisen International. Raiffeisen Bank is the largest bank in the country and has the widest branch network. At the end of the last year Raiffeisen Bank had 98 branches on-line, 160 bankomats and a balance sheet of 1.9 billion euros. There have been installed electronic banking services which are used by a considerable number of corporate clients.