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ZAO Raiffeisenbank is named Best Foreign Bank 2008

On 25 March 2009 the information agency held a gala ceremony of the Bank of the Year awards. Best banks of the last year were chosen by closed ballot held among active users of the portal. Banks won six awards:

  • Bank of the Year
  • Invention of the Year
  • Foreign Bank
  • Internet Banking
  • Promotional Campaign of the Year
  • Co-branding Project

Major Russian financial institutions were nominated for the awards: Citibank, Alfa-Bank, VTB-24, GE Money Bank, BSGV, Bank of Moscow, Home Credit Bank and many others. ZAO Raiffeisenbank won the Foreign Bank award.

«This award is just another evidence both of the high clients' trust in Raiffeisenbank and of the recognition of such important for any banker factors as high-quality service and a well-developed product line which reflects real needs of our clients», says Raiffeisenbank's CEO Pavel Gurin. «Let me express our gratitude to all our customers for such a high opinion of our performance. The Best Foreign Bank 2008 award will be another challenge for us to continue to improve the service quality, develop high standards of service and offer efficient financial solutions for all customer segments. We are well aware of where we still have to better ourselves, thanks in no small part to the portal and its users».

Today, ZAO Raiffeisenbank services more than 1.7 million individual customers, over 12,000 corporations and more than 60,000 small businesses, and has been actively developing its branch network.

ZAO Raiffeisenbank is a subsidiary of Raiffeisen International Bank-Holding AG. Raiffeisenbank is ranking 9th in terms of assets among the Russian banks based on 2008 results (Interfax-CEA). According to Interfax-CEA, ZAO Raiffeisenbank ranked 6th in Russia in terms of private deposits and 6th in consumer lending in Russia based on 2008 results.

Raiffeisen International operates one of the largest banking networks in CEE. 17 markets in Europe's growth region are covered by subsidiary banks, leasing companies and a range of other financial service providers. 14.6 million customers are serviced in more than 3,100 business outlets. Raiffeisen International is a fully consolidated subsidiary of Raiffeisen Zentralbank Osterreich AG (RZB), which owns more than two-thirds of the common stock. The remainder is in free float, the shares are listed on the Vienna Stock Exchange. RZB is a leading corporate and investment bank in Austria and the central institution of the Austrian Raiffeisen Banking Group, the country's largest banking group.


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