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Global Finance names MDM Bank the Best Russian Bank


Global Finance magazine has named MDM Bank among the 2010 World's Best Emerging Market Banks in Central and Eastern Europe.

This is the seventeenth year that the magazine has selected the top banking performers in emerging markets. Global Finance editors—with input from industry analysts, corporate executives and banking consultants—selected the best emerging market bank in the overall region and in 22 countries. The criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products.

"We remain in an unusually challenging environment for banks and their customers," says Joseph Giarraputo, the publisher of Global Finance. "More than ever, customers are demanding superior competence from their banking partners. These are the banks best providing that competence."

The list of the best banks is published in the March 2010 issue, with the full text of an exclusive survey to be published in the May 2010 issue.

Between 2003 and 2008 MDM Bank had won a variety of Global Finance awards in different categories, but the decision this year to name MDM best overall bank in CEE Emerging Markets represents the pinnacle of the Bank’s achievements in the awards.

Global Finance, founded in 1987, has a circulation of 50,000 and over 250,000 readers in almost in 163 countries. Global Finance’s audience mainly includes chairmen, presidents, CEOs, CFOs, treasurers and other senior financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions.

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