Danske BankDanske Bank, through its shared IT platform and the implementation of transformative new infrastructure such as the digital signature, electronic land registration and CRD credit data, provides a unique foundation for accelerating product development, improving process efficiency and giving its customers a flawless experience in all group units.
Raiffeisenbank CroatiaIn an effort to stave off potential overheating, the Croatian central bank imposed a 12% cap on lending growth at the start of 2007. While the prudence of this move has been amply demonstrated during the credit crunch that followed, it forced Croatian banks to think differently about how to expand their business.
Stanbic Bank CongoStanbic Bank Congo operates in one of the most politically volatile regions in the world. A five-year civil war, which only ended in 2003, tore the country apart and simmering hatred still lingers. Government coup attempts and sporadic violence are part of day-to-day life in the country.
WestpacWith the green light from the Australian Treasury in late October 2008, Westpac’s A$17bn ($11.5bn) acquisition of the sixth largest bank in the country, St George Bank, makes the combined entity Australia’s largest financial services company and sees new chief executive, Gail Kelly, reunited with her former employer.
Crèdit Andorrà“Now more than ever, our obligation as a financial institution continues to be extremely prudent management and diligently serving the customer with the maximum efficiency, always with the transparency and professionalism that are required of us as leaders of the financial sector in our country,” says Josep Perabla, CEO of Crèdit Andorrà.
The past 12 months have been the worst in living memory for the finance industry, but such times of adversity are when banks and bankers earn their reputations. The Banker salutes the institutions that have managed the challenges the crisis presents with skill, courage and expertise.