Raiffeisen Bank awarded Best Bank in Albania from The Banker


21.12.2009

Raiffeisen Bank in Albania has been awarded as the Best Bank in the country for the year 2009. It is the third time that The Banker recognizes Raiffesen Bank with this prestigious award.

“We are very proud that the “The Banker” magazine has chosen Raiffeisen Bank again as the Best Bank in Albania and we strongly believe that we will continue to grow and face the future challenges as we have done in the past. Raiffeisen Bank in Albania is in number one position in all key performance indicators”, said Oliver Whittle, CEO of Raiffeisen Bank in Albania.

“Awards like these provide valuable recognition of 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.

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 recently at the InterContinental Hotel in London.

Raiffeisen Bank 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 103 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 for the seventh time.

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Raiffeisen Zentralbank Österreich AG (RZB) is the central institution of the Austrian Raiffeisen Banking Group, the country's largest banking group. It is a leading corporate and investment bank in Austria and also considers Central and Eastern Europe (CEE) as its home market. RZB is the only Austrian bank with a global network of business units reaching all important finance centres around the globe. It is also present in Asia, with branches and representative offices in nine locations.

Raiffeisen Bank in Albania is the largest bank in the country and is in the number one position on all major key performance indicators. Its asset base is close to €2 billion and it has a network of 103 branches throughout the country. 182 ATM`s, 1169 POS terminals and a team of mobile bankers gives the Bank a comprehensive distribution network almost 3 times larger than its nearest competitor.