Euromoney Names UniCredit Best Bank in CEE

Banking

UniCredit Bank has received the award of Best Bank in Central and Eastern Europe from the Euromoney Awards for Excellence, amongst eight other awards.

Established in 1992, the Euromoney Awards for Excellence work to recognize ‘the best of the best’ in all countries offering global banking services. Judging of the nominations is based on profitability, growth, relative outperformance compared with peers and the ability to adapt to changing market conditions and client needs.

“These awards highlight the momentum behind our ongoing transformation, a transformation that is primarily driven by the commitment and dedication of our people. At the same time, they also speak to our proximity to clients and depth in the countries where we are present,” commented Andrea Orcel, group CEO of UniCredit.

UniCredit Achievements in CEE

At this year’s awards, UniCredit received recognition in nine various categories. Apart from being named the Best Bank in Central and Eastern Europe, the company also received four Best Bank Country awards in Austria, Bosnia and Herzegovina, Bulgaria, and Croatia. UniCredit retained its title as Best Bank in Italy.

These achievements further strengthen UniCredit’s presence in the CEE region, building on past successes, the company tells the Budapest Business Journal.

UniCredit has also won Euromoney’s Best Bank for Transaction Services in four out the last five years, as well as Best Bank for Wealth Management.

Company Strategies

Gianfranco Bisagni, group chief operating officer of UniCredit, and Teodora Petkova, head of Central and Eastern Europe, note that “Our differentiators on the market are the sharp focus on simplification and digitalization, as well as on embedding sustainability in everything we do.”

“Our key strength is the team of dedicated and highly engaged colleagues, focused on empowering the growth of 6.3 million, and increasing, individual and corporate clients in the region. We are motivated to improve daily by their trust in us to be their preferred financial partner in business and life,” they add.

The bank strategizes that Central and Eastern Europe is the most prominent region for growth, and the “[…] results we achieved quarter after quarter confirm that we are on the right path,” detail Bisagni and Petkova.

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