OREANDA-NEWS. July 11, 2011. At the “Awards for Excellence” Raiffeisen Bank International AG (RBI) was awarded the coveted title “Best Bank in Central and Eastern Europe” (CEE) by the British financial magazine Euromoney already for the sixth time. At the same time, the subsidiaries of RBI in Albania, Belarus and Ukraine were awarded the local title “Best Bank” of their countries. Raiffeisen Bank Sh.a. in Albania has been awarded this title already for the seventh time, while Priorbank JSC, RBI's subsidiary in Belarus, and the Ukrainian Raiffeisen Bank Aval JSC were each awarded this title already for the fifth time.

”These awards are a confirmation of our work and reflect the entrenchment of RBI in CEE, which we think will remain the most important European growth region. The awards are an incentive to continue our ongoing efforts to offer our private and corporate customers the tailor-made financial services they require,” said Herbert Stepic, Chairman RBI’s Managing Board.

“With this title, Euromoney honoured RBI also for its active role in investment banking. In 2010, but also in the first half of 2011, we took pride in a significant deal flow. Whether in corporate bond issues in Austria, in cross-border M&A activities, in the equities business, in syndicated loan operations or in the local markets, e.g. as leading book runner of rouble bond issues, RBI Group is recognised as a leading investment bank in the region,” said Patrick Butler, Board Member of RBI in charge of global markets.

In Austria, RBI is a leading corporate and investment bank for the top-1,000 corporate customers. In Central and Eastern Europe (CEE), it acts as universal bank with an extensive network of subsidiary banks, leasing companies and a range of other specialised financial service providers in 17 markets.

Euromoney is one of the world’s leading monthly publications for the global banking, finance and capital markets. Its "Awards for Excellence", now in their 20th year, recognise the best-performing financial institutions in every significant financial market and product sector, as well as the leading banks in well over 100 countries.

After Global Finance in April and EMEA Finance at the beginning of July, Euromoney is already the third international magazine to award the title “Best Bank in CEE” to RBI this year.