As Poslovni Dnevnik writes, the Global Finance magazine has declared Privredna banka Zagreb d.d. (PBZ) a member of the Intesa Sanpaolo Group, the best Croatian bank for the second year running.
Global Finance has announced its annual award for the world’s best banks for the 29th time in a row in its list entitled the World’s Best Banks 2022. The full report on the awarded banks will be published in the May print and digital edition of the Global Finance magazine and online at GFMag.com, with winners selected in more than 150 countries and territories across Africa, Asia-Pacific, the Caribbean, Central America, Central and Eastern Europe, Latin America, the Middle East, North America and Western Europe.
The winners of this year’s awards are those banks that have carefully monitored the needs of their clients in demanding markets and achieved strong results while laying the foundations for future success.
”During these challenging times, when we’ve been working in very difficult conditions for the past two pandemic-dominated years, and now in further increased global uncertainties and turmoil due to the war in Ukraine, this Global Finance award isn’t only a confirmation of our business excellence, it also further encourages us to continue to be a better support to our clients because of which we constantly strive to be as good as possible. I would also like to thank all of the employees of the PBZ Group for their commitment and contribution to achieving these successful results,” said Dinko Lucic, President of the Management Board, on the occasion of PBZ having been declared the best Croatian bank.
The selection decisions were made by the editors of the Global Finance magazine after consultation with corporate financial managers, bankers and banking consultants, and analysts around the world.
In selecting the best banks, Global Finance took into account a number of factors, from quantitative objective indicators to informative subjective ones. The objective criteria considered included: asset growth, profitability, geographical reach, strategic relationships, new business development and product innovation. The subjective criteria included the opinions of capital market analysts, the credit rating analysts, banking consultants and others involved in the industry.
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