Global Finance published the rankings in its current issue. With input from leading industry analysts, corporate executives and technology experts Global Finance based the rankings on factors like market leadership, customer service, competitive pricing, and innovative technologies. For the first time CEE was represented as a single region. RZB won six out of seven categories for the region including:
• “Best Overall Bank for Cash Management”
• “Best Bank for Liquidity/ Working Capital Management”
• “Best Provider of Money Market Funds”
• “Best Bank for Risk Management”
• “Best Bank for Cross-Border Pooling and Netting”
• “Best Bank for Payments and Collections”
“Treasury and Cash Management are among our key products”, says Patrick Butler, Member of the Managing Board of RZB responsible for Treasury and Investment Banking. “Winning six awards for our CEE activities shows our strong position in the dynamic markets in CEE and also the high quality of our products”, Butler adds.
“In today’s competitive global economic environment, treasurers need the best tools and advice available to make capital work harder than ever” explains Global Finance publisher Joseph D. Giarraputo. ”The winners consistently improve transaction processes to speed collections and reduce risks”, he says after the decision of the jury.
Manfred Url, Member of the Managing Board of RZB responsible for Cash Management, adds: “With our tailor-made cash management solutions RZB proves to be a customer-oriented, reliable and flexible partner. The Global Finance awards convincingly attest our position as the leading bank in CEE”.
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Global Finance magazine has more than 250,000 readers in about 160 countries, including chairmen, presidents, CEOs, CFOs, treasurers and other financial officers responsible for making investments and strategic business decisions for large global companies and financial institutions. Global Finance targets most of the 8,000 key portfolio investors who control over 80 per cent of all assets under professional management.
Raiffeisen Zentralbank Österreich AG (RZB), Vienna, is the central institution of the Austrian Raiffeisen Banking Group, the country’s most powerful banking group. RZB is a leading corporate and investment bank in Austria and also considers CEE as its home market. It operates a network of 15 subsidiary banks with 916 banking outlets in 16 markets of the region via its subsidiary Raiffeisen International Bank-Holding AG.
