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Rietumu receives SPEAR’S Russia Wealth Management Award for the fifth time

08-Dec-2015 / Products & Services The annual ceremony of the SPEAR’S Russia Wealth Management Awards was held in Moscow, in the Mossovet Theatre, yesterday. An expert jury named the best representatives of the private banking, wealth management industry and adjacent sectors.

Rietumu Bank has received the award in the nomination “Best Bank in the CIS and Baltic States”. The honorary award was accepted by Alexander Pankov, the President of the bank.



In 2015, Rietumu Bank received SPEAR’S Russia Wealth Management Award for the fifth time.

Alexander Gafin, the Member of the Council, said: “We are very pleased to receive this prestigious award again. This is proof that professionals have appreciated tremendous work, which Rietumu Bank does to improve its service, the development of banking technologies and the introduction of new services. In particular, in the low-interest-rate period, we have managed to offer our customers very attractive, profitable and secure investment instruments.

As a bank, we have always strived to develop business based on personal relations, and this is more than topical for our customers working in Russia today. We value our customers, their trust; support them, help them to deal with unavoidable market fluctuations, continue to provide funding in today's conditions. As you know, everything is transient in our world, including crises. Complicated periods end, problems are overcome, but good relations and cooperation stay”.

Along with Rietumu Bank, the shortlist of nominees of this prestigious award included leaders of the financial industry like Alfa-Bank, Promsvyazbank, Sberbank, Citibank, Credit Suisse, Friedrich Wilhelm Raiffeisen, UBS Switzerland, VTB Capital Asset Management, Sberbank Asset Management, UK Alfa-Capital, QB Finance, АТОН Wealth Management, Veles Capital and others.

An expert jury chaired by Andrey Vdovin, Chief Editor of SPEAR'S Russia magazine, determined winners in each nomination.

Pricewaterhouse Coopers, an independent consultant of the award, monitored the voting process of industry professionals and the work of the jury.

SPEAR’S Russia Wealth Management Awards is the first Russian annual award for the best representatives of the private banking, wealth management industry and related sectors. The award was established and is awarded on an analogy of the famous British SPEAR’S Wealth Management Awards, which is annually organised by SPEAR’S UK magazine in London.

In the opinion of experts, SPEAR’S Russia magazine and the award of the same name, occupy a unique place in the financial services market; it is a rare opportunity to provide an independent objective evaluation of the professional qualities of participants of this community and note their achievements over the past year.



Eleonora Gailisha
Mass Media and Public Relations
Phone: +371-67020506
Fax: +371-67020563
E-mail: egailisha@rietumu.lv
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