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| Awards and Rewards |
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| Andhra Bank No.1 |
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BEST BANK MID-SIZE
Andhra Bank has emerged as BEST BANK MID-SIZE, with Rank 1, Size of Balance Sheet Rs.90,380 Crore, Net Profit Rs.1,050 Crore in Businessworld - Pricewaterhousecoopers Survey for India's Best Banks 2010. Among the winners, HDFC Bank is Best Large Bank, Karur Vysya Bank is Best Small Bank, State Bank of India is Most Socially - responsible Bank. |
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 Editorial Board Roll of Honour |
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Andhra Bank has been awarded Editorial Board Roll of Honour in the Mid-sized Banks Category in the CNBC TV18 Best Bank and Financial Institution Awards for the year 2011 |
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| BEST BANK - for the Quality of Assets |
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Andhra Bank has been awarded 'BEST BANK - for the Quality of Assets " by BUSINESS TODAY for the year 2009-'10 on 08.12.2010 |
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| Beating the Blues |
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Two years after the financial cataclysm rocked the global banking system, the banking sector in India is back in the reckoning. The performances of the banks for FY 2009-10, as "The Analyst" Banking Special show, reaffirm the belief that it pays to be conservative.
The annual survey of The Analyst Banking Special, which enters its seventh edition this year, aims to analyze the remarkable resilience that Indian Banking Sector has shown even amidst the worst crisis in modern times, individual bank's performances, the strategies and the vital takeaways. Using the highly acclaimed CAMEL Methodology, this study gauges performances of state-owned banks, private sector banks and foreign banks on the key parameters like Capital Adequacy, Asset Quality, Management, Earnings Quality and Liquidity.
The annual survey highlights that the year clearly belonged to the minnows of the banking world : the Hyderabad based Andhra Bank tops the list in the Public Sector Banks category, while Tamilnad Mercantile Bank, another South India based bank, which emerged triumphant in the private sector banks. Among foreign banks, Shinhan Bank takes the top honors this year. |
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| Andhra Bank Won The Best Public Sector Award |
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Andhra Bank has won the Banking Excellence Award for the Best Public Sector Bank , instituted by the State Forum of Bankers Clubs Kerala on 13.11.2010 Andhra Bank, South
Indian Bank and Yes Bank have won the top award as the best banks in the categories of Public Sector, Old Private Sector and Private New Generation Banks, at the Banking
Excellence Awards instituted by the States Forum of Bankers' Clubs. |
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| AWARD RECEIVED FOR THE YEAR 2009 |
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Best Bank award
Sri R S Reddy, Chairman and Managing Director of Andhra Bank received the Best Bank award on 26.11.2009 in Mumbai.Andhra Bank has been adjudged the BEST BANK for the year 2009 on Quality of Assets by the BUSINESS TODAY-KPMG Study. Among all classes of Banks in India-Public, Private or foreign, Andhra Bank has the best percentage of performing assets. Net NPA is 0.16% as against an industry average of 1.50%, with delinquency ratio of just 0.23%.
ANDHRA PRADESH AWARD for MSME 2007-'08
Sri R S Reddy, Chariman and Managing Director of Andhra Bank received the ANDHRA PRADESH STATE AWARD for bank's outstanding contribution to Micro & Small Enterprises Development 2007-2008 from Sri K Rosaiah, Chief Minister of Andhra Pradesh on 02.11.2009. |
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| Awards Recived- in the Year 2006-07 : |
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SAFA award
Received Best Presented Accounts Award 2005 from SAFA's (SouthAsian Federation of Accountants)Centrein Colombo,Sri Lanka on 16.01.2007.
"BEST BANK AWARD" by IDRBT, Hyderabad
Andhra Bank has bagged the "Best Bank Award" in the category of "Use of IT for Customer Service in Semi Urban and Rural areas" for 2005-06. Our Chairman & Managing Director, Sri K Ramakrishnan has received the award from Sri Y V Reddy, Governor, RBI at Institute for Development and Research in Banking Technology (IDRBT) Hyderabad on 2.9.2006. |
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| MILESTONES ACHIEVED AND AWARDS RECEIVED DURING 2005-06 |
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FINTECH Asia 2006 Award For "Any Branch Banking (ABB)"
Andhra Bank has bagged the FINTECH Asia 2006 Award for its initiatives under "Any Branch Banking (ABB)" service across the Country. Andhra Bank is the only Bank in the Country to receive one of the six Awards announced by the Financial Insights (USA), an IDC Company, which is a Subsidiary of IDG, the World's leading IT Media, Research and Exposition Company.
Ranked 683rd among Top 1000 Banks in the World
The prestigious 'The Banker' - a Financial Times Business Publication, July 2005 Issue published from London has ranked Andhra Bank as the '683rd Largest Bank Globally', out of the Top 1000 World Banks' Annual Rankings.
2nd Highest Mover in the World having climbed 277 places over previous year
Andhra Bank also happened to be the 'Second highest mover in the World and highest mover compared to any other Bank in Asia' having climbed 277 places in the Top 1000 Banks' Rankings based on Tier-I Capital.
Ranked as the Top Number 1 Bank in Asia under the "Return on Capital"
'The Banker' Magazine went on to Rank 'Andhra Bank as the Top Number 1 Bank in Asia' under the "Return on Capital" among all the Asian Banks - Rankings being based on Tier-I Capital Business Parameter.
Adjudged Best Bank by Analyst Magazine - An ICFAI Publication
Our Bank has been adjudged as the "Best Bank under Large Banks Category" by "The Analyst" Magazine - An ICFAI Publication, in its Performance Analysis of Select Indian Banks for 2004-05.
The Best Bank as per the Business Standard Annual Banking Survey, 2004-05
The "Best Bank" Status was conferred on our Bank by the Business Standard in its Annual Banking Survey for 2004-05 in terms of Productivity, Profitability, Growth, Safety and Efficiency.
Best Bank Rating from Business Today Magazine
The Business Today Survey of the Best Banks in India has Ranked Andhra Bank at 5th Place under Largest Banks Category compared to last year where the Bank was Ranked at 15th Place in terms of Size and Strength, Operations, Productivity and Efficiency, Quality of Earnings, Capital Adequacy and Asset Quality. The Bank has also been Ranked No.5 under Slowest NPA Growth Category and Ranked No.2 under Return on Capital Employed Category.
ICRA Rating for Corporate Governance
Our demonstrated commitment to vigilant Corporate Governance has been rewarded by ICRA, which assigned us a Corporate Governance Rating of "CGR-2". This denotes high level of assurance on the quality of Corporate Governance.
Award of Institute of Chartered Accountants of India for excellence in Financial Reporting
The Institute of Chartered Accountants of India (ICAI) has recently awarded our Bank the "Silver Shield" under the category of Banking, Insurance and Financial Institutions, given for excellence in financial reporting in published accounts for the year, 2004-05. Our Bank is the only Public Sector Bank to receive an Award from ICAI.
IBA Technology Award
Andhra Bank has been conferred the "Runner-Up" Award under "Best Payment Initiative" at the Indian Banks' Association (IBA) Banking Technology Awards, 2005 for having wide ATM Network and highest number of hits per day.
Awards for SLBC, as Convenor Bank in the State of AP
State Level Bankers' Committee (SLBC) of A.P. (Convenor Bank : Andhra Bank) has been awarded for ensuring excellent performance by all Banks for Kharif 2005.
Andhra Bank as the Convenor Bank for the State Level Bankers' Committee (SLBC) of AP has been presented an Award for its excellent coordinating efforts in implementation of Rajiv Yuvashakti Scheme.
Awards for Best Performance under Kharif Loans
Andhra Bank was awarded by the Government of Andhra Pradesh for Best Performance in exceeding Targets under disbursement of Kharif during 2005.
Best Bank in lending to Agriculture
Government of Andhra Pradesh has instituted for the first time Awards for Best Farmers and Best Bankers at the State Level and District Level. Andhra Bank has bagged the Best Banker Award at the State Level for its overall performance.
Best Banker in lending to Unemployed Youth under Rajiv Yuva Sakthi
Andhra Bank has been given the Best Banker Award for its performance during the Year, 2005-06 for achieving Targets under the Rajiv Yuva Sakthi Scheme.
Overwhelming Response for Bank's Follow-on Public Issue (FPO)
The Bank's 2nd Public Issue (FPO) in January 2006 received overwhelming response and the Follow-on Public Issue was oversubscribed by 11 times. |
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