Ljubljana, 09 July (STA) - Abanka Vipa, the third largest Slovenian bank, received an award from the Euromoney business magazine for the best bank in Slovenia, and got the award on Thursday at a ceremony in London, it said in a press release Friday.
Abanka was rated the most successful and cost-efficient bank in Slovenia.
The Euromoney commission particularly pointed out its active participation in the capital market with a syndicated loan and a bond issue abroad, which enabled it to expand its business up to EUR 4.5bn by the end of 2009.
The bank said it sees the award as a great recognition and encouragement but also an obligation toward all its clients and shareholders to continue to develop its services and maintain business profitability.
The acclaimed business monthly magazine Euromoney gives out the Awards for Excellence to banks and businesses that stand out in their field by profitability and competitiveness since 1992.
The best Slovenian bank title was given to Abanka already in December 2009 by the monthly banking paper, the Banker.