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| Thursday, 25 February 2010 |
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| RZB recognized as "Best Bank in Austria" by Global Finance |
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The renowned American financial publication "Global Finance" has awarded the title "Best Bank in Austria" to Raiffeisen Zentralbank Österreich AG (RZB). "This award provides additional confirmation of RZB's excellent market position", said RZB's CEO Walter Rothensteiner. Global Finance's decision to present its regional award for Austria to Raiffeisen pays homage to the good results RZB managed to achieve despite the difficult market environment and underlines RZB's leading role even in economically turbulent times.
Global Finance awards a "Best Bank" title for each and every developed market. "This award confirms RZB's strong position as a corporate bank, also in the Austrian market," said Karl Sevelda, RZB Managing Board Member for corporate customers. "Our clear customer-focus, excellent service and product quality, as well as innovative strength provide us with the decisive edge in the market."
In choosing the recipients of its "Best Bank" awards, the Global Finance jury consisting of financial editors, analysts, executives and consultants focused on the following criteria: growth rates, profitability, customer focus, service quality, pricing and product innovation. The winners of Global Finance's "World's Best Developed Market Banks 2010" awards will be published in the next issue of the magazine.
Global Finance will also announce the recipients of its "Best Emerging Market Banks 2010" awards within the next few weeks.
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Raiffeisen Zentralbank Osterreich AG (RZB) is the central institution of the Austrian Raiffeisen Banking Group, the country's largest banking group. It is a leading corporate and investment bank in Austria and also considers Central and Eastern Europe (CEE) as its home market. RZB is the only Austrian bank with a global network of business units reaching all important finance centres around the globe. It is also present in Asia via its branches and representative offices.
Via listed subsidiary Raiffeisen International Bank-Holding AG, RZB operates one of the largest banking networks in CEE. 17 markets are covered by subsidiary banks, leasing companies and a range of other financial services providers. 14.9 million customers are served in more than 3,200 business outlets.
For further information please contact
Gregor Bitschnau
tel. +431 71707 1955, write a message
Harald Sigl
tel. (+431/717 07 1670, write a message
www.ri.co.at, www.rzb.at
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