The winner of the Fincentrum 2009 Bank of the Year competition has been decided: the Bank of the Year title is awarded to Česká spořitelna

​The main prize of the professional jury and the Bank of the Year title in the 8th annual prestige Fincentrum Bank of the Year competition was awarded to Česká spořitelna. The Czech Republic’s largest bank has scored a hat trick: it has won the title of 2009 Bank of the Year from the professional jury, the title of the Most Trustworthy Bank in the 2009 public opinion survey conducted by STEM/MARK, and Gernot Mittendorfer, Chairman and Managing Director of Česká spořitelna, was selected by other bankers as the 2009 Banker of the Year.
 
Victory in the category of 2009 Account of the Year went to Raiffeisenbank, and the 2009 Loan of the Year is provided to its customers by Komerční banka. As the best product in the category of 2009 Mortgage of the Year, the jury selected the Hypoteční banka “Hypotéka po webu” (Web Mortgage).

“This year’s Fincentrum Bank of the Year contest was in its way unique. It was actually the first time the jury was evaluating the banks in a market affected by economic crisis and financial uncertainty. This year the banks concentrated more on stability and financial strength, rather than the speed and ease of obtaining credit or on product innovations,” said Petr Stuchlík, Chairman of the Board and Managing Director of Fincentrum, general sponsor of the awards.

Ernst & Young has been a patron of the Most Dynamic Bank of the Year award since this category was established. In this 8th annual contest, the professional jury selected Raiffeisenbank as the winner of this category. “Today, nobody doubts anymore that financial services are among the sectors which were most hit by the current economic crisis. As a result of the crisis, regulatory models and the management of banks must inevitably change. But at the same time the recession provides us with an opportunity to abandon established stereotypes. The title of the Most Dynamic Bank of the Year is awarded every year to the bank which through its innovative products improves services to its customers. This year the management of banks should also be able to make such strategic decisions which will lead to sustaining their development even in this challenging period,” said Magdalena Souček, Managing Partner of Ernst & Young, Czech Republic.

The professional jury has selected Allianz Pension Fund as the 2009 Pension Fund of the Year and Kooperativa Insurance was voted as the 2009 Insurance Company of the Year. The savings bank Modrá pyramida stavební spořitelna has defended its title in the category of Building Savings Bank of the Year.

“Statistics from the Banking and Non-banking Credit Registers show that during the last 12 months there have been fewer loans issued than in the previous 12 months. This trend is a result not only of the efforts of financial institutions to protect themselves against credit risks, but it is also a result of changes in the behaviour of consumers, who are treating credit more responsibly than before. Various activities (among them the Bank of the Year competition), are helping to restore this battered trust,” said Petr Kučera, Executive Director and Deputy Chairman of the Board of CCB – Czech Credit Bureau, which sponsors the Credit of the Year category.

The professional jury has awarded the title of 2009 Life Insurance of the Year to Pojišťovna České spořitelny. The title in the category of 2009 Most Dynamic Insurance Company of the Year was regained by DIRECT Pojišťovna.

“The fact that the order of the first three places in the category of the Most Trustworthy Bank is the same as last year shows that banks maintain really good and strong ties with their customers and that they have not turned their backs on them even in the difficult times of economic recession,” said Jiří Briford, Head of Financial Services at Capgemini, which was the sponsor of the 2009 Most Trustworthy Bank of the Year.

Ceremonial announcement of the Fincentrum 2009 Bank of the Year awards will take place at the Hybernia Theatre on the evening of October 21, 2009. As in previous years, this award, which is the most significant in the country’s financial sector, has been organized under the auspices of the Czech Republic’s Minister of Finance. Patronage was also provided by the Chairman of the Senate of the Parliament of the Czech Republic Mr. Přemysl Sobotka, and the category of Mortgage of the Year was organized with support from the Minister for Regional Development Mr. Rostislav Vondruška.

The general sponsor of the awards is Fincentrum, one of the most prominent consulting companies in the Czech Republic and Slovakia. Ernst & Young has been a sponsor of the awards since its inception. Another important professional sponsor is Capgemini Czech Republic, a leading global consulting company in the field of technologies and outsourcing. Since 2008, these sponsors have been joined by CCB - Czech Credit Bureau, which manages Banking and Non-Banking Credit Registers in the Czech Republic and operates the business information web portal Cribis.cz.

STEM/MARK is the sponsor of the public opinion survey. Another professional sponsor is AFIZ – the Association of Financial Brokers and Financial Consultants, which is sponsoring the category of the Life Insurance of the Year.

Among the media sponsors of the Fincentrum 2009 Bank of the Year are the daily newspapers MF DNES, iDNES, the News Channel ČT 24, the weekly economics magazine EURO, and the Czech Radio 1 – Radio Journal. 

Complete results of the Fincentrum 2009 Bank of the Year
 
2009 Bank of the Year
Main prize of the professional jury
Votes cast by: Professional jury
Sponsored by: Fincentrum

1st Place: Česká spořitelna, a.s.
2nd Place: Komerční banka, a.s.
3rd Place: Raiffeisenbank a.s.

2009 Most Trustworthy Bank of the Year

Public vote
Votes cast by: Public through the STEM/MARK survey
Sponsored by: Capgemini 

1st Place: Česká spořitelna, a.s.
2nd Place: Komerční banka, a.s.
3rd Place: Československá obchodní banka a.s.

2009 Most Dynamic Bank of the Year

Votes cast by: Professional jury
Sponsored by: Ernst & Young 

1st Place: Raiffeisenbank a.s.
2nd Place: GE Money Bank, a.s.
3rd Place: Česká spořitelna, a.s.

2009 Banker of the Year

Votes cast by: Bankers (always the Bank’s highest representative)
Sponsored by: Fincentrum 

Gernot Mittendorfer, Česká spořitelna, a.s.
(This category only has first place.)

2009 Account of the Year

Votes cast by: Professional jury
Sponsored by: Fincentrum 

1st Place: Raiffeisenbank a.s. – eKonto (e-account)
2nd Place: BRE Bank S.A., Organizational Branch – mBank - mKONTO
3rd Place: UniCredit Bank Czech Republic, a.s. – Konto MOZAIKA (MOZAIKA Account)
 
2009 Loan of the Year
Votes cast by: Professional jury
Sponsored by: Czech Credit Bureau (CCB)

1st Place: Komerční banka, a.s. – Optimální půjčka (Optimal Loan)
2nd Place: Česká spořitelna, a.s. – Půjčka ČS (ČS Loan)
3rd Place: GE Money Bank, a.s. – Expres půjčka (Express Loan)

2009 Mortgage of the Year

Votes cast by: Professional jury
Sponsored by: Fincentrum

1st Place: Hypoteční banka, a.s. – Hypotéka po webu (Web Mortgage) 
2nd Place: Komerční banka, a.s. – Flexibilní hypotéka (Flexible Mortgage)
3rd Place: Česká spořitelna a.s. – Ideální hypotéka ČS (ČS Ideal Mortgage)

2009 Pension Fund of the Year category

Votes cast by: Professional jury
Sponsored by: Fincentrum 

1st Place: Allianz penzijní fond, a.s.
2nd Place: Penzijní fond České pojišťovny, a.s. 
3rd Place: Penzijní fond Komerční banky a.s.

2009 Building Savings Bank of the Year

Votes cast by: Professional jury
Sponsored by: Fincentrum 

1st Place: Modrá pyramida stavební spořitelna, a.s.
2nd Place: Českomoravská stavební spořitelna, a.s.
3rd Place: Wüstenrot – stavební spořitelna a.s.

2009 Insurance Company of the Year

Votes cast by: Professional jury
Sponsored by: Fincentrum 

1st Place: Kooperativa, pojišťovna, a.s. - VIENNA INSURANCE GROUP 
2nd Place: Česká pojišťovna a.s.
3rd Place: Allianz pojišťovna, a.s.

2009 Life Insurance of the Year

Votes cast by: Professional jury of the Association of Financial Brokers and Financial Consultants of the Czech Republic (AFIZ ČR)
Sponsored by: Fincentrum 

1st Place: Pojišťovna České spořitelny, a.s. – FLEXI
2nd Place: AEGON Pojištovna, a. s. - AEGON Invest & Live
3rd Place: Kooperativa, pojišťovna, a.s. – Perspektiva 6 BN (Perspective 6 BN)

2009 Most Dynamic Insurance Company of the Year

Votes cast by: Professional jury
Sponsored by: Fincentrum

1st Place: DIRECT Pojišťovna, a.s.
2nd Place: Kooperativa, pojišťovna, a.s. - VIENNA INSURANCE GROUP 
3rd Place: Česká podnikatelská pojišťovna, a.s., VIENNA INSURANCE GROUP

For more information please visit www.bankaroku.cz.