Raiffeisen Bank International AG (RBI) has been named "Best Bank in CEE & CIS" for the fifth year in a row.

The bank, which is investment advisor for Cornhill’s WIOF Conservative Risk 3% Portfolio, picked up the award from the prestigious financial magazine, EMEA Finance, at a special ceremony in the Austrian capital, Vienna.

Herbert Stepic, CEO of RBI, said: “The award proves that our commitment to the region, especially during challenging times, is recognised. Due to our diversified business model we succeeded in improving our offer to clients while again achieving very good results.”