Awards for Excellence 2009: Austria

RZB navigated its way through the credit crisis in part because of its solid domestic franchise. RZB’s Vienna-based business conducted with Austrian and international corporations was a major driver of income. Operating income from this segment of its business rose by 19.1% in 2008, to €314 million.

Global Awards for Excellence
Western Europe Regional Awards of Excellence
Austria Belgium Cyprus
France Germany Greece
Ireland Italy Netherlands
Portugal Spain Switzerland
UK

Best Bank: RZB
Best Investment Bank: Bank of America Merrill Lynch

RZB navigated its way through the credit crisis in part because of its solid domestic franchise. RZB’s Vienna-based business conducted with Austrian and international corporations was a major driver of income. Operating income from this segment of its business rose by 19.1% in 2008, to €314 million.

The other pillar of its domestic activities was its retail customer base.

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