Sweden - Southeast Europe News Site

Sweden - Southeast Europe News Site


to the news site of the Chamber of Commerce for Sweden - Southeast Europe in cooperation with Business Sweden and Governments and Organisations in SEE.

Raiffeisen awarded as Best Bank in CEE - again

Regional info/economyPosted by Uvner Business Consulting Fri, October 12, 2012 11:18:30
As in 2011, the British financial magazine Euromoney awarded the coveted title "Best Bank in Central and Eastern Europe" (CEE) to Raiffeisen Bank International (RBI).
The Euromoney-award is already the third decoration RBI received for its excellent service for private and corporate customers in CEE so far this year. In April, Global Finance magazine awarded the title "Best Bank in Central and Eastern Europe" to RBI for the eighth time. And in May, RBI received the prestigious title "Best Bank in CEE & CIS" from EMEA Finance for the third time.
Raiffeisen Bank International AG (RBI) posted a consolidated profit (after tax and non-controlling interests) of € 701 million for the first six months of 2012, which represents an increase of 13.9 per cent compared to the first half of the preceding year (H1 2011: € 615 million).
"Considering the difficult economic environment in the Eurozone and the huge efforts we undertook to strengthen our capital ratio, we are pleased with our results. The fact that Central and Eastern Europe developed significantly better than the Eurozone makes me confident for the second half of 2012", said CEO Herbert Stepic.

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