UniCredit has been named Germany's Best Bank for Treasury & Cash Management for the first time ever as part of a five-trophy haul in Global Finance's Treasury & Cash Management Providers 2020 awards. In the process, the bank also retained its crowns as Best Bank for Treasury & Cash Management in core markets Italy and Austria, while once again featuring as Best Bank for Liquidity Management in Central and Eastern Europe.
The results were judged based on a multi-tiered assessment processes, including entries from banks and providers, as well as input from industry analysts, corporate executives, technology experts and independent research.
"These excellent results are a vindication of our continued efforts and our unwavering dedication to our clients in Germany," say Katharina Michael and Michael Germann, Co-Heads GTB Germany at UniCredit. "To be ranked the number one bank for treasury and cash management in Germany is a fantastic step for us as we continue to build our strength and capabilities both here and in Western Europe."
While the Germany crown is a first, the bank's win in Central & Eastern Europe continues a proud tradition, with UniCredit now having continuously scooped the prize of Best Bank for Liquidity Management over the last years.
"We are proud to continue our tradition of excellence for liquidity management in Central & Eastern Europe," says Giovanni Lucini, Head of GTB CEE. "This is one of the Groups key regions and we continue to invest in new and innovative solutions while maintaining a close dialogue with our clients to ensure that we stay a leading service provider to them."
The awards will be presented at a special ceremony held at the Harvard Club of Boston on 7 October during the annual Sibos conference.