OREANDA-NEWS. December 18, 2012. "Priorbank" JSC has been recognized as the best bank in Belarus for the sixth time.

The Banker, the renowned special interest magazine of Financial Times LTD, awarded Raiffeisen Bank International AG (RBI) "Bank of the Year" in Central and Eastern Europe (CEE). The awards were presented at a ceremony in London.

At the same time Network banks in Albania, Belarus, Bosnia and Herzegovina and Romania receive local "Bank of the Year" awards.

"Notwithstanding the distressed national economy last year, Priorbank managed to protect its established customer base and remained effective financial institution. Continuous improvement of risk management system allowed the bank to keep the excellent quality of the loan portfolio. Acknowledgment of the international experts of our success demonstrates the stability of the Priorbank’s business model, a high level of interaction with customers", - said Sergey Kostyuchenko, Chairman of the Board "Priorbank" JSC.