The British finance magazineEuromoneyhas again decorated the RZB Group, headed by Vienna-basedRaiffeisen Zentralbank Oesterreich AG (RZB-Austria), withits traditional"Euromoney Awards for Excellence". RZBGroup was able to increase the number of awards won this year byone to five awards.
Central and Eastern Europe InnovationAward
Raiffeisen Zentralbank was selected for theso-called innovation award for the entire region Central andEastern Europe for expanding into new markets. With this award,Euromoney has recognized RZB''s step into Belarus where the bankacquired the majority ofPriorbankin 2003 and thepurchase of theSavings Bank of Albania, the largestprivatization in the country''s history, in early2004.
Best Bank in Serbia andMontenegro
Raiffeisenbank a.d.has commencedoperations only in July 2001 and was decorated as the country''s"Best Bank" already for the third time in a row.Raiffeisenbank is the Number One among the country''s foreignbanks showing an asset growth of 66 per cent in 2003 (to 461million) and servicing approximately 80,000 retailcustomers.
Best Investment Bank inRomania
Raiffeisen Bank S.A.was awarded the title"Best Investment Bank in Romania". It is the thirdlargest bank in the country. In terms of volume it is thecountry''s leading broker and has acted as a lead manager in allcorporate bonds floated in Romania.
Best Debt House inSlovenia
As in 2002 and 2003, RZB was awarded the title"Best Debt House in Slovenia" due to a number ofSlovenian transactions managed by RZB, but also due to the positionof the local subsidiary,Raiffeisen Krekova bankad.d.
Best Debt House inCroatia
Raiffeisenbank Austria d.d., Croatia''sfifth-largest bank as of December 2003, was one of the three jointarrangers of a 200 million government bond designed to finance thelocal pension reform. In addition it is one of the country''skey market makers in the bond segment.
RZB is the central institution of the AustrianRaiffeisen Banking Group, the country''s most powerfulbanking group. RZB also considers CEE as its home market and viaRaiffeisen International operates a network of 15 subsidiary bankswith more than 800 banking outlets, as well as two representativeoffices, in 16 markets of the region.