The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.


Awards of Excellence

Central and Eastern Europe regional awards

Best Bank: Raiffeisen Bank

One-time banking desert Albania is fast becoming an oasis for the financial services industry, with a host of international banks setting up shop in the Balkan state. The country’s number two and number three players – American Bank of Albania and Banka Kombetare Tregetare – have been snapped up in the past 12 months by Italy’s Sanpaolo IMI and Turkey’s Calik Holding, respectively, and both will undoubtedly pose a serious challenge to current market leader Raiffeisen Bank in the coming year. For the moment, though, Raiffeisen Bank is still cock of the walk and has enjoyed a strong past 12 months. The Austrian-owned bank’s loan portfolio, for example, grew by a highly impressive 103% in 2006, while, thanks to an expanded branch network totalling almost 100 outlets, the number of customers served by the bank has almost reached the 500,000 mark. In a country where basic banking services are still at a premium the bank’s 122-strong ATM network is another key competitive advantage.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree