Global Finance names “PBZ Best Bank in Croatia”, Intesa Sanpaolo “Best Bank in Italy”

Global Finance magazine has named Privredna banka Zagreb d.d. (PBZ), a member of Intesa Sanpaolo Group, the best bank in Croatia and Intesa Sanpaolo the best bank in Italy.

 

Global Finance magazine has announced its 28th annual awards for the World’s Best Banks 2021. A full report on the selections will appear in the May print and digital editions of Global Finance and online at GFMag.com, with winners chosen in 150 countries and territories across Africa, Asia-Pacific, the Caribbean, Central America, Central & Eastern Europe, Latin America, the Middle East, North America and Western Europe.  The winners of this year’s awards are those banks that attended carefully to their customers’ needs in difficult markets and accomplished strong results while laying the foundations for future success.

On the occasion of PBZ being selected as the best bank in Croatia, Dinko Lucić, president of the Management Board said: „In these challenging times, when we have been working for a year now in very difficult pandemic conditions, further aggravated by the devastating earthquakes that hit our country, this Global Finance award is not only a confirmation of our business quality and excellence, but it also encourages us to keep up with the development of innovative and competitive products that will help us achieve an even higher standard of services to our clients, for whom we constantly strive to be even better. Also, I would like to thank our employees for their hard work and dedication which are the bedrock of such good performance.“

All selections were made by the editors of Global Finance after extensive consultations with corporate financial executives, bankers and banking consultants, and analysts throughout the world. In selecting these top banks, Global Finance considered factors that range from the quantitative objective to the informed subjective.

Objective criteria considered included: growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products. Subjective criteria included the opinions of equity analysts, credit rating analysts, banking consultants and others involved in the industry. https://www.gfmag.com/