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Best bank: Raiffeisen Bank |
Central and eastern Europe’s newest country can count on one of the region’s most experienced banks to deliver high-quality financial services. Raiffeisen Bank has established a strong market position: it leads in retail, corporate and SME lending volumes. In 2007, total lending at Raiffeisen rose almost 50% from €222 million to reach €330 million. The bank is also playing a leading role in attracting money into the official economy, with total deposits rising to €396 million from €310 million. The bank is profitable as well as important to economic and social development, with net profit rising from €10.79