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Chairman of the Management Board of Russia’s ZAO Raiffeisenbank Pavel Gurin was voted the best in the Effective Bank Management nomination

Following vote count for the nominees in the National Banking Award contest, Chairman of the Management Board of ZAO Raiffeisenbank Pavel Gurin was voted the best in the Effective Bank Management nomination.

At the 6th annual National Banking Award ceremony, Pavel Gurin picked up the prize from President of the Association of Russian Banks Garegin Tosunyan.

This success is not my personal achievement, but a result of the team of professionals at Raiffeisenbank. I would like to stress the high level of qualifications, the energy and drive they contribute to ensure that the bank is efficient and customer-oriented. To see our achievements acknowledged by independent banking experts is both a token of high appreciation and a mighty incentive for us to further improve our service, said ZAO Raiffeisenbanks CEO Pavel Gurin.

ZAO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank ranks 9th among the Russian banks in terms of assets, based on Q3/2010 results (Interfax-CEA). According to the same Interfax-CEA data, ZAO Raiffeisenbank ranked 6th in terms of private deposits and 8th with regard to consumer lending.

Raiffeisen Bank International AG regards both Austria, where it is a leading corporate and investment bank, and Central and Eastern Europe (CEE) as its home market. In CEE, RBI operates an extensive network of subsidiary banks, leasing companies and a range of other specialised financial service providers in 17 markets. More than 59,000 employees service about 15 million customers through around 3,000 business outlets, the great majority of which are located in CEE. RBI is the only Austrian bank with a presence in both the worlds financial centres and in Asia, the groups further geographical area of focus. Raiffeisen Bank International is a fully-consolidated subsidiary of Raiffeisen Zentralbank Oesterreich AG (RZB). RZB indirectly owns around 78.5 per cent of the common stock, which is listed on the Vienna Stock Exchange; the remainder is in free float. RZB is the central institution of the Austrian Raiffeisen Banking Group, the countrys largest banking group, and serves as the group head office of the entire RZB Group, including RBI.


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