OREANDA-NEWS. September 23, 2011. This year Priorbank celebrates its fifth anniversary of a successful work in the field of small and medium enterprises (SMEs).

Due to the high level of information technologies and centralization of operations, Priorbank offers SMEs a unique service on the Belarusian market for cash management services, electronic services, providing an effective customer interaction with the bank.

Priorbank is the first Belarusian bank which contributed to the business of SMEs in a separate direction. In fact, it happened in the end of 2005 and in 2006 it began its active development.

More than 23,000 SMEs customers are served in Priorbank and the number is generally increasing by more than 300 a month. The growth rate of the number of bank’s customers exceeds the growth rate of corporate clients nationwide.

Over 8 years of existence in Raiffeisen Priorbank was able to adapt to our reality invaluable western business experience, product development and technology. In 2010 at SME Summit in Vienna RBI granted Priorbank the title of the ‘Fastest growing SE segment of the year’ among 15 banks in the group, including such countries as Czech Republic, Slovakia, Hungary, Bulgaria, Croatia, Russia and Ukraine.