Awards for Excellence 2018
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Many banks in CEE have been forced to restructure in the wake of the succession of crises that have impacted the region over the last decade, but few have managed a turnaround as fast and effective as that implemented by Raiffeisen Bank International (RBI) over the past three years.
The Austrian group announced plans for an overhaul of its CEE network in February 2015, after turmoil in key markets, including Russia and Ukraine, forced it into its first-ever full-year loss and a depleted capital base drew unwelcome attention from regulators in Vienna and Frankfurt.
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