Published: April 29, 2015
A round-up of the winning banks, investment banks, brokers and asset managers from this year's EBA's.
Welcome to coverage of EMEA Finance’s seventh annual Europe Banking Awards. Last year was one of economic and political uncertainty in the region, principally due to the Russia-Ukraine conflict, and the state of balance sheets at many banks across the continent illustrate the impact of that insecurity.
But our winners have made the best of the situation and have strived to develop their businesses, even if not all could maintain growth in profits. They’ll hope to have positioned themselves now for better times. In the IMF’s latest World Economic Outlook report, published in April, analysts predicted GDP growth in Europe of 1.5%, up slightly from the 1.3% predicted in the last report in October. Risks are more balanced than they were late last year, the fund added.
CEE & CIS
Best bank: UniCredit
Best investment bank: Raiffeisen Bank International
Most innovative bank: Bank Pekao
Corporate social responsibility award: Banka Kombetare Tregtare
Best law firm: White & Case
CEO of the year: Vakhtang Butskhrikidze, TBC Bank