March the 31st, 2022 - The Global Finance magazine has declared Privredna banka Zagreb (PBZ) as the best Croatian bank.

As Poslovni Dnevnik writes, the Global Finance magazine has declared Privredna banka Zagreb d.d. (PBZ) a member of the Intesa Sanpaolo Group, the best Croatian bank for the second year running.

Global Finance has announced its annual award for the world's best banks for the 29th time in a row in its list entitled the World's Best Banks 2022. The full report on the awarded banks will be published in the May print and digital edition of the Global Finance magazine and online at GFMag.com, with winners selected in more than 150 countries and territories across Africa, Asia-Pacific, the Caribbean, Central America, Central and Eastern Europe, Latin America, the Middle East, North America and Western Europe.

The winners of this year's awards are those banks that have carefully monitored the needs of their clients in demanding markets and achieved strong results while laying the foundations for future success.

''During these challenging times, when we've been working in very difficult conditions for the past two pandemic-dominated years, and now in further increased global uncertainties and turmoil due to the war in Ukraine, this Global Finance award isn't only a confirmation of our business excellence, it also further encourages us to continue to be a better support to our clients because of which we constantly strive to be as good as possible. I would also like to thank all of the employees of the PBZ Group for their commitment and contribution to achieving these successful results,'' said Dinko Lucic, President of the Management Board, on the occasion of PBZ having been declared the best Croatian bank.

The selection decisions were made by the editors of the Global Finance magazine after consultation with corporate financial managers, bankers and banking consultants, and analysts around the world.

In selecting the best banks, Global Finance took into account a number of factors, from quantitative objective indicators to informative subjective ones. The objective criteria considered included: asset growth, profitability, geographical reach, strategic relationships, new business development and product innovation. The subjective criteria included the opinions of capital market analysts, the credit rating analysts, banking consultants and others involved in the industry.

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As Poslovni Dnevnik writes on the 25th of May, 2019, Dinko Lucić, CEO of Privredna banka Zagreb (PBZ), which is a member of the Intesa Sanpaolo Group, is the winner of the prestigious CEO Today's Europe Awards for 2019 for his remarkable contribution to the presentation of Privredna banka Zagreb in the Republic of Croatia.

Every year, CEO Today recognises and honours the most prestigious companies and their C-level executives in today's business world. The CEO Today's Europe Awards rewards the success, innovation and strategic vision of CEO's in numerous sectors and industries across Europe (the IT sector, telecommunications, pharmaceuticals, banking and finance, energy, mobile technology and communications, transportation services, etc.). CEO Today identifies the most successful, innovative, and future-oriented company leaders.

On the occasion of the announcement, Dinko Lucić, the CEO of PBZ, stated:

"I'm extremely proud of this truly special award, which is a historical and permanent record of recognition and success of our entire PBZ Group team. One of my basic beliefs, which has been confirmed during my long-standing managerial practice, is that the real difference is the people. I'm proud of our team and on this occasion, I'd like to thank all of our employees and also all of our clients for their constant efforts to be even better and to provide the full spectrum of financial services at the highest global level.''

The CEO Today Europe team has recognised a number of achievements by Mr. Lucić and PBZ in the past twelve months. The research team looks at the attitudes of many stakeholders, including investors, analysts, employees and media professionals around the world in order to properly create the basis for their annual award.

The results are then used as guidelines for considering and publishing the best management practices and critical performance factors, as well as the determination of eligibility based on achievements, which can be revenue growth and/or profit, a successful turnaround, good performance in difficult and complex times for the economy and industry, expanding onto new markets, leading market share(s), successful M&A integration, new products and services, and new business models and strategies.

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