Raiffeisen Bank Albania awarded best bank of 2009

By bne IntelliNews December 24, 2009
The financial magazine The Banker awarded the local subsidiary of Austrian bank group, Raiffeisen Bank Albania with the prestigious title Best Bank of the Year 2009 in an official ceremony in London , the bank informed. The award reflects the performance of the bank, which is the leading financial institution active on the local market. In our estimates Raiffeisen secured a significant 29% share of the total bank assets as end-September. Banks net profit accounted for some EUR 11mn. The bank operates a network of 102 branches throughout Albania and employs a staff of 1,380 people. The Banker also selected Raiffeisens networks in Belarus and Bosnia-Herzegovina as best banks in the respective countries.

Related Articles

Albania calls tender for supervision of sewerage project.

Albania has called a tender to select a company to supervise the construction and supplies for a sewerage system and waste water treatment plant in Velipoja area, the European Commission informed ... more

Albania's govt approves changes in concession agreement for Devoll project.

The Albanian government has approved changes in the concessionary agreement for the Devoll Hydropower cascade, which formally enables Austrian EVN to exit from the project, the cabinets press ... more

Albanian parliament panel endorses EUR 12.7mn EBRD loan for dam safety project.

The economy and finance committee of Albanias Parliament has approved a EUR 12.7mn loan from the European Bank for Reconstruction and Development (EBRD) to be used to fund a project for upgrading ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss