At a ceremony in Vienna held yesterday evening, British magazine Euromoney gave away its annual awards. Raiffeissen Central Bank Austria AG ans its subsidiary Raiffeissen International Bank-Holding were named Best Bank in Central and Eastern Europe.

Raiffeissen's subsidiaries in Albania, Belarus and Bosnia and Herzegovina were named Best Banks in their respective countries, while Raiffeissen Bank Bulgaria received the Best Bank on the Debt Market prize.

The fact that Euromoney chose Vienna as a host city to this year's ceremony underlines the importance of the Austrian capital as the link between Central and Eastern Europe.

Raiffeissen receives the award for the fourth year in a row.

„We are continuing to grow in a challenging environment,“said Valter Rotenstein, Raiffeissen International chairman of Supervisory Board.

„This award reflects our progress in the integration of the banks we acquired in 2007 and the fact that we increased the number of our clients by 1.6 million,” Reiffeissen International CEO Herbert Stepic added.