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Eng
20 July 2020

Raiffeisen Bank Aval again named Best Bank in Ukraine by Euromoney

The renowned financial magazine Euromoney has again recognized Raiffeisen Bank Aval as “Best Bank in Ukraine” by results of the Awards for Excellence 2020. 

The Awards for Excellence were established in 1992 and were the first of their kind in the global banking industry. This year Euromoney received almost 1,000 submissions from banks in its regional and country awards program that covers more than 50 regional awards and best bank awards in close to 100 countries.

The expert jury of the Awards for Excellence included editors, journalists and analysts of Euromoney as well as representatives of the banking industry all around the world, who took into consideration the following criteria for determining the winners of the awards among banks: market position, core performances, asset growth rate, the size of the capital and introduction of new technologies.

The excellent market position, reliability, profitability, product and service quality, technology development with focus on innovations are the factors of the success of Raiffeisen Bank Aval from year to year, which permit to win such prestigious awards.

Since the beginning of 2020, the bank has been named “Best Bank in Ukraine” by experts of the reputable international magazines Global Finance and EMEA Finance. Raiffeisen Bank Aval topped a number of ratings in Ukraine, namely: the Rating of Stability of Ukrainian Banks by the Minfin portal; the Rating of Viability of Ukrainian Banks by the Mind portal; the Rating of Reliability of Ukrainian Banks by the Groshi magazine; the Rating of Reliability (Attractiveness) of Bank Deposits by Standard Rating (Ukraine).

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Euromoney magazine was created in 1969 to cover the re-emergence of the international cross-border capital markets. The euromarket, after which the magazine is named, is the predecessor to today's mainstream global capital markets. Euromoney reported on, and championed this market and its growth, in the process becoming the prime magazine of the wholesale financial world, its institutions and its users.

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