UniCredit named Best Trade Finance Bank in Central and Eastern Europe, Bosnia and Herzegovina and Croatia as well as Best Supply Chain Finance Bank in Central and Eastern Europe in Global Finance's World's Best Trade and Supply Chain Finance Providers 2022.
UniCredit has been named as Best Trade Finance Bank and Best Supply Chain Finance Bank in Central and Eastern Europe (CEE) at Global Finance's World's Best Trade and Supply Chain Finance Providers 2022.
With Best Trade Finance Bank in both Bosnia and Herzegovina and Croatia, this marks the 15th time that UniCredit has taken the top prize for Trade Finance in CEE, and the 5th time it has been named the region's best provider of Supply Chain Finance - finishing the year off with further affirmation of the bank's strength in one of its key geographies.
To decide the winners, Global Finance's editorial review board, with input from industry analysts, corporate executives and technology experts, compared the entries from banks and other providers on transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies for the Trade Finance award, and market share and global coverage, product innovation, customer service, technology, execution skills and client-specific implementations for the Supply Chain Finance award.
Commenting on the success Riccardo Madinelli, Head of GTB CE&EE, said: "We are proud for having reconfirmed our leadership for Trade and Supply Chain Finance in CEE thank to the daily commitment of our colleagues. Clients are central to everything we do here at UniCredit, so we always strive for providing them with the best solutions and meeting their Trade and Supply Chain Finance needs and expectations. Whether it is to support Companies either to optimize working capital needs during the pandemic or cover the costs and risks of ramping up activity as the economy opens-up, UniCredit is here to provide expertise and access to its strong trade and supply chain finance platforms."
These awards close an exceptional awards year for UniCredit's Global Transaction Banking services. The bank has also received recognition as The Banker's Best Transaction Bank in Western Europe for 2021, Euromoney's Best Bank for Transaction Services in Western Europe and Best Bank for Advisory Services in CEE, and Best Bank for Trade Finance Services Globally in Euromoney's Trade Finance Survey, where the bank was also named Market Leader for CEE.