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Euromoney: Raiffeisenbank is the best bank in Bulgaria
12 July 2019
Renowned financial magazine honored RBI for "unswerving commitment" to the CEE region
Raiffeisenbank was named the "Best Bank" in Bulgaria by the renowned financial magazine Euromoney's Annual Awards for Excellence 2019.
"We achieved a loan portfolio growth well above the market average for the last financial year, with our new business volumes being of excellent quality. We have digitized the processes of opening an account and debit card and signing documents for consumer loan, we cooperate successfully with the fintech sector on a number of other projects. That's why we accept the Euromoney’s award as recognition of our focused efforts to be innovative, flexible and sustainable partner of business and citizens", said Oliver Roegl, Chairman of the MB, Raiffeisenbank.
In addition to Bulgaria, excellent market positions and product and service quality brought "Best Bank" prizes also to subsidiaries in Bosnia and Herzegovina, Kosovo and Ukraine, and Raiffeisen Bank International (RBI) was awarded as the "Best Bank in Central and Eastern Europe".
"Consistency across markets – in innovation, profitability and growth – and an unswerving commitment to Central and Eastern Europe set Raiffeisen Bank International apart from its competitors during the awards period", explained Euromoney its jury’s decision to select RBI.
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Euromoney magazine was created in 1969 to cover the re-emergence of the international cross-border capital markets. The euromarket, after which the magazine is named, is the predecessor to today's mainstream global capital markets. Euromoney reported on, and championed, this market and its growth, in the process becoming the prime magazine of the wholesale financial world, its institutions and its users.
RBI regards Austria, where it is a leading corporate and investment bank, as well as Central and Eastern Europe (CEE) as its home market. 13 markets of the region are covered by subsidiary banks. Additionally, the RBI Group comprises numerous other financial service providers, for instance in leasing, asset management or M&A. Around 47,000 employees service 16.3 million customers through more than 2,100 business outlets, the by far largest part thereof in CEE. RBI's shares are listed on the Vienna Stock Exchange. The Austrian Regional Raiffeisen Banks own around 58.8 per cent of the shares, the remainder is in free float. Within the Austrian Raiffeisen Banking Group, RBI is the central institute of the Regional Raiffeisen Banks and other affiliated credit institutions.
