OREANDA-NEWS. December 09, 2009. Raiffeisenbank was the winner of the annual National Banking Prize in the category of ’Bank with the Participation of Foreign Capital That Has Made a Significant Investment in the Russian Economy’. The awards ceremony took place on 1 December in the Royal Hall in Moscow, reported the press-centre of Raiffeisenbank.

The founders of the prize, which was just awarded for the fifth year, is the Association of Russian Banks (ARB), the National Banking Club, and The National Banking Magazine. Members of the President’s administration, the government, and Russian banking associations were on the jury.

The National Banking Awards’ main goal has traditionally been to improve the societal image of the Russian bankig system, to provide clients with simple, understandable guidelines for choosing a bank, and to form the elite of the Russian banking sector.

"Receiving the National Banking Award in the category of ‘Bank with the Participation of Foreign Capital That Has Made a Significant Investment in the Russian Economy’ is meaningful to us. A win in this category bears witness not only to high esteem for our work, but also to the recognition of Raiffeisenbank’s investment in the development of Russia’s economy at such a difficult time", - notes Raiffeisenbank CEO Pavel Gurin. "Speaking for ourselves as well as all of the other nominees, being awarded this prize is a huge stimulus for the further development of our services".