Awards for Excellence 2009: Uzbekistan
Best Bank: RBS Uzbekistan
When RBS bought ABN Amro it’s doubtful that chief executive Sir Fred Goodwin gave much thought to the Dutch bank’s Uzbek outpost. But while Goodwin has gone and RBS has been nearly destroyed by the Dutch acquisition, the Uzbek unit goes from strength to strength.
RBS Uzbekistan is a universal commercial bank, whose assets have grown 100% during the past 12 months, total operating income by 57.6%