Raiffeisen Bank International AG (RBI) has won a string of awards from a prestigious international financial magazine.

RBI won EMEA Finance’s "Best Bank in CEE & CIS" award at the bimonthly magazine’s recent Europe Banking Awards 2010 event in the Austrian capital Vienna.

RBI was also named "Best Bank in Austria" and its subsidiary Raiffeisen Bank dd Bosna i Hercegovina took the "Best Bank in Bosnia" award while RBI's network banks in Albania, Belarus, Romania and Russia were each named "Best Foreign Bank".

RBI-CEO Herbert Stepic said: "The title 'Best Bank in CEE & CIS' underlines once more our excellent position in Europe's most important growth region. It is also recognition of the efforts we took to strengthen our group for the challenges following the global economic crisis by means of our internal merger.”