OREANDA-NEWS. December 13, 2010. Bank Vozrozhdenie was recognized as the Bank of the year in Russia by The Banker magazine, the authoritative British periodical. This is the annual prestigious professional prize which is awarded to the world’s leading banks for over 11 years, reported the press-centre of Bank Vozrozhdenie.

The winner is chosen on the base of the bank’s performance over the previous year. The prize is awarded to the best banks from over than 140 countries worldwide.

After assessment of the application of the bank Vozrozhdenie submitted to the competitive committee and deep analysis of its business strategy, corporate governance practice, financial and operating performance Bank Vozrozhdenie was awarded as a winner in Russia.

“We congratulate our clients, partners and employees with this victory which came true, as we have managed to achieve such business results thanks to you and together with you”, — said Dmitry Orlov, Chairman of Bank Vozrozhdenie. “We are grateful to The Banker Magazine and Financial Times media holding for high appreciation of our business performance.  The Bank will be up to these high standards going forward ”, — he added.

The awarding ceremony for the world’s best banks has been held in London on the 2nd of December. Bank Vozrozhdenie was presented a golden statuette of Brendan Braken as the best bank of the year in Russia. The statuette of The Banker’s editor and founder is traditionally presented to the winners.

Bank Vozrozhdenie is regularly awarded with various professional prizes. Year in and out it is recognized as one of the leaders on the financial market by the level of corporate governance. Over the few years Bank Vozrozhdenie ranks leading positions in different ratings of business transparency, relations with investors and shareholders and other aspects of corporate governance.