Global Finance: Raiffeisen, the “Best Bank in Romania”

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Raiffeisen Bank International AG (RBI) was named “Best Bank in Central and Eastern Europe” by “Global Finance” in the framework of “The World’s Best Banks 2018” awards competition.

The renowned financial magazine awarded this prestigious regional title to RBI for the twelfth time in the last 15 years.

Furthermore, RBI’s subsidiary banks in Bosnia and Herzegovina, Romania, Slovakia, and Ukraine were selected as “Best Bank” in their respective markets at the same time.

“The accolade ‘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. The award also reflects our good strategic position and performance”, said Johann Strobl, CEO of RBI.

Raiffeisen Bank’s net profit increased by 9 percent to RON 491 million in 2017, while the financial institution’s assets increased by 8 percent, to RON 36.1 billion. The main driver of this positive development is represented by the granted loans, which grew by 8 percent in net value, from RON 19.8 billion (end-2016), up to RON 21.4 billion in 2017.

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