OREANDA-NEWS. Ukrainian PrivatBank was recognized as "The Best Bank 2013" in the annual ranking "Worlds' Best Emerging Market Banks in Central & Eastern Europe" of the American Global Finance magazine.

This year the ranking includes the best banks of 22 countries in Central & Eastern Europe selected by the experts of the magazine. Criteria for choosing the winners included growth in assets, profitability, customer service, competitive pricing and innovative products. PrivatBank was acknowledged as the leading bank in Ukraine at all criteria.

The publisher of Global Finance Joseph Giarraputo noted that this is the twentieth year that the magazine has selected top banking performers in the region. The particular feature of this year ranking is that not only estimations of financiers, industry analysts and bankers were taken into account but also opinions of the banks’ customers.

"Each region and individual country presents unique challenges for banks and their customers, especially under the difficult conditions global financial markets continues to face,"- says Joseph Giarraputo, Global Finance's Publisher and Editorial Director. - "For this reason, customers must depend on excellence in execution from their banking partners. These are the banks that are providing best-in-class solutions for these distinctive markets."