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Raiffeisenbank Wins a Prize at the 2009 National Banking Awards

Raiffeisenbank was the winner of the annual National Banking Prize in the category of Bank with the Participation of Foreign Capital That Has Made a Significant Investment in the Russian Economy. The awards ceremony took place on 1 December in the Royal Hall in Moscow.

The founders of the prize, which was just awarded for the fifth year, is the Association of Russian Banks (ARB), the National Banking Club, and The National Banking Magazine. Members of the Presidents administration, the government, and Russian banking associations were on the jury.

The National Banking Awards main goal has traditionally been to improve the societal image of the Russian bankig system, to provide clients with simple, understandable guidelines for choosing a bank, and to form the elite of the Russian banking sector.

Receiving the National Banking Award in the category of Bank with the Participation of Foreign Capital That Has Made a Significant Investment in the Russian Economy is meaningful to us. A win in this category bears witness not only to high esteem for our work, but also to the recognition of Raiffeisenbanks investment in the development of Russias economy at such a difficult time, notes Raiffeisenbank CEO Pavel Gurin. Speaking for ourselves as well as all of the other nominees, being awarded this prize is a huge stimulus for the further development of our services.

This year, the best Russian banks were also chosen in the categories of: Leader in Credit to Large Business, Leader in Credit to Small and Medium-Sized Business, Leader in Credit to the Public, Most Socially Responsible Bank, Leader in the Development of a Social Network, For the Implementation of Modern Management Technology, For the Advancement of Inter-Bank Credit, Leader in ATM Network Development, For a Creative Marketing and PR Approach, For High-Quality Service, For Highly Responsible Business Behaviour, and Leader Amongst Regional Banks.

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 3Q 2009 results (Interfax-CEA). According to Interfax-CEA, ZAO Raiffeisenbank ranked 5th in Russia in terms of private deposits and 8th in consumer lending in Russia based on 3Q 2009 results.

Raiffeisen International operates one of the largest banking networks in CEE, covering 17 markets across the region through subsidiary banks, leasing companies and a range of other financial service providers. The groups nearly 59,000 employees service around 15 million customers via more than 3,100 business outlets. Raiffeisen International is a fully-consolidated subsidiary of Raiffeisen Zentralbank Osterreich AG (RZB), which owns about 70 per cent of the common stock. The remainder is in free float, with the shares 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 countrys largest banking group.


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