Awards for Excellence 2008: Bosnia & Herzegovina
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BANKING

Awards for Excellence 2008: Bosnia & Herzegovina

Best bank: Raiffeisen Bank

Raiffeisen Bank maintains its position at the top of the banking pile in Bosnia & Herzegovina. It is able to serve all sections of the community throughout both the Srpska Republika and the Croat-Muslim Federation and is the largest individual bank in the entire country. In 2007, it increased its corporate customer base by 13%, and retail clients rose by 17%. These increases allowed Raiffeisen to grow its assets by 18.8% in 2007, thanks to strong loan growth, especially in the corporate sector, where it increased by 43%, far above the market average. Thanks to its 99 branches the bank also performed strongly on the retail side, accounting for 21.43%

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