Selected by"Awards for Excellence 2005" reader poll
Trade Finance magazine''s readers selected Raiffeisen ZentralbankOesterreich AG (RZB) and its 15 Network Banks in Central and EasternEurope (CEE) as"Best Trade Finance Bank for Central and Eastern Europe"for the second time in a row in the magazine''s recent"Awards forExcellence" poll."RZB is a worthy winner in the increasinglycompetitive sector of trade finance. Over the last ten years, the bankhas seen exceptional growth year after year and has structured andarranged many benchmark deals in CEE", said Trade Finance''s chief-editorJonathan Bell.
"This award is a strong recognition from the market, showing that ourcustomers honour RZB''s achievements. It is all the more significant, asit is based on the opinion of numerous industry experts", said WalterRothensteiner, Chairman of RZB''s Board of Management."Trade and exportfinance is one of the RZB Group''s core businesses. Our extensiveknow-how and excellent service quality were once again validated byTrade Finance''s award", added Karl Sevelda, RZB Board Member in chargeof trade and export finance.
RZB is the central institution of the Austrian Raiffeisen Banking Group,the country''s most powerful banking group. It is a leading corporate andinvestment bank and also considers CEE as its home market. Via itslisted subsidiary Raiffeisen International Bank Holding AG (RaiffeisenInternational), it operates a network of 15 banks and 14 leasingcompanies with approximately 950 business outlets in 16 markets of theregion.
Trade Finance magazine, a specialist publication from the Euromoneygroup, is the longest running magazine concentrating exclusively on theinternational trade finance market. Published ten times a year, eachissue contains news and features vital to exporters/importers,financiers, insurers, and other service providers. The magazinespecializes in reporting on and examining trade and the financing ofthat business in the emerging markets– looking closely at all aspects of commodity financing, export/import financing and trade services. Through close contact with those active in the sector, Trade Finance is able to provide news not found elsewhere, market intelligence, and in-depth features providing potential leads and other resource information. Each year Trade Finance magazine also runs its Deals of the Year and the only poll of its kind in the world, which establishes the Annual Awards for Excellence.