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IBOS member bank UniCredit has been named Global Best Service Provider for “All Services”, “Products/Payments”, and “Overall Execution” in Euromoney’s Trade Finance Survey 2018.

The seventh annual Euromoney Trade Finance Survey recognised UniCredit as the Market Leader for Trade Finance in Italy, Central and Eastern Europe (CEE), Bulgaria, Bosnia & Herzegovina, Croatia, Hungary, Romania, Serbia and Turkey.

Additionally, in the new “Best Services” category, UniCredit were named in the top positions in Bulgaria, Bosnia & Herzegovina, Croatia, Hungary, Romania, and Serbia again, with Russia completing the set.

The rankings are derived from the feedback of over 7,255 corporate banking clients. The survey recognises the bank’s continued excellence in trade finance.

Gianni Franco Papa, General Manager at UniCredit, commented: 

“We are delighted that Euromoney and the corporate clients surveyed have recognised UniCredit as the best global trade finance provider in three important categories. This acknowledgement reflects our strong focus on meeting our clients’ needs, our full commitment to innovation, and the growing strength of our International Network. We are connecting clients across the world, offering transparent and simple solutions that meet all their trade finance needs – even in the most complex of cases”.

The bank continues to invest in trade finance innovation, notably being a founding member of the blockchain consortium behind (formerly Digital Trade Chain). It has also sought to further improve its international coverage – most recently by strengthening its presence in Abu Dhabi with the opening of a full branch – in order to capture new opportunities while improving services for clients in its core European markets.

Read the full press release via UniCredit here