The FINANCIAL — Raiffeisen Bank Aval was honored as “Best Bank” in Ukraine by financial magazine “Global Finance” in the framework of “The World’s Best Banks 2017” awards competition.
Raiffeisen Bank International AG (RBI) also was named “Best Bank in Central and Eastern Europe”. The renowned financial magazine awarded this prestigious regional title to RBI for the eleventh time in the last 14 years, according to Raiffeisen Bank.
RBI’s subsidiary banks in Bosnia and Herzegovina, Serbia were selected as “Best Bank” in their respective markets at the same time.
“Being named ‘Best Bank in Central and Eastern Europe’ is both an honor and an assignment to continue our strive for quality and providing first class services and products throughout the region”, says Johann Strobl, CEO of RBI. “The award also reflects our good strategic position and performance, including the improved quality of our assets and strengthened capital ratios”.
“It is a great honor for us to receive such award”, comments Volodymyr Lavrenchuk, CEO of Raiffeisen Bank Aval. “EBRD became an investor in Raiffeisen Bank Aval. This was an important signal for our customers, as this supranational bank offers many business financing programs in Ukraine. We have increased the number of our services for customers in all segments, acquired 1,500 new corporate and 100,000 new retail customers. Customer service quality together with a five-year program aimed at boosting efficiency enabled us to achieve a record profit in Ukraine. We maintain a leading position in client services in all customer segments and on top provide cutting-edge digital products.”