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Banca Intesa wins The Banker award

Banca Intesa has won the prestigious Bank of the Year award, granted by influential financial magazine The Banker, for the fourth year in the row. Besides winning the award for Bank of the Year in Serbia in 2011, Intesa Sanpaolo also scooped Bank of the Year awards in Italy, Croatia and Bosnia-Herzegovina.

“Operating in a complex macroeconomic environment, we sought to address the challenges through our business policy, and the results we have recorded this year confirm the quality of our strategy”, said Banca Intesa Executive Board President Draginja Djuric, who accepted the award on behalf of the bank at a ceremony in London last night. “This award is a recognition that we have managed to preserve stability and further strengthen our market leadership in all segments of operation thanks to prudent risk management”, Draginja Djuric added.

According to the organizers, 2011 has been one of the toughest years many bankers will have experienced, with turmoil in the eurozone debt markets, concerns over US economic growth and fears about China's banking system. For all the setbacks, however, the vast majority of entrants for Bank of the Year Awards managed to do a lot more than merely survive. They once again showed their ability to innovate and create new products that benefit their customers and the economies in which they operate.

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