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The Banker’s 2012 award goes to Banca Intesa

For the fifth year in a row, Banca Intesa has won the Bank of the Year Award for Serbia handed by the world's leading finance and banking magazine, The Banker. Along with the recognition for Serbia, Intesa Sanpaolo, the parent group of Banca Intesa, scooped awards for the Bank of the Year 2012 in Italy and Croatia.The traditional Bank of the Year Awards are granted based on quantitative criteria, including assets and capital adequacy, as well as new technologies, support for businesses and customer initiatives.

According to the organizer, The Banker’s Bank of The Year Awards celebrates those institutions that have risen to the challenges posed by one of the toughest operating environments in living memory, demonstrating innovation, efficiency and vigilant management to the benefit of their customers and the economies in which they operate.

“I am honored that this year as well Banca Intesa took one of the most significant international recognitions that values the quality and accomplishments of business strategies in the banking industry. In conditions of a slowing economic activity and strong recessionary pressures in all of Europe, which spilled over to Serbia last year, Banca Intesa was seeking to deliver active support for the economy and understand the needs of citizens. Good business results, preserved quality of our credit portfolio, as well as a stable capital position lay healthy foundations that will enable us to continue providing firm and professional support for all our clients and the entire community“, Draginja Djuric, the president of Banca Intesa Executive Board, said at a ceremony in London yesterday, when she received the recognition on behalf of the bank.