UniCredit has retained its title as the 'Best Bank for Liquidity Management in Central and Eastern Europe (CEE)', as well as being recognised as the 'Best Bank for Treasury and Cash Management' in both Germany and Austria.
The results continue a tradition of success for the bank in these markets, having now won 'Best Bank for Liquidity Management in CEE' and 'Best Bank for Treasury and Cash Management in Austria' four times over the past five years, and 'Best Bank for Treasury and Cash Management in Germany' for the third time in a row.
To decide the winners, Global Finance uses a multi-tiered assessment process - including entries from banks and input from industry analysts, corporate executives, technology experts and independent research. Both subjective and objective criteria were considered, including profitability, market share and reach, customer service, competitive pricing, product innovation and the extent to which treasury and cash management providers have successfully differentiated themselves from their competitors around core service provision.
Commenting on the success, Luca Corsini, Group Head of Transactions & Payments, said: "Fine-tuning our treasury and cash management offering has been critical this past year as we have continued to optimise our services for clients through challenging times. This includes the launch of new tools such as AccountToPay,to harness the opportunities of PSD2 and API technologies, and the roll-out of competitively-priced cross-border payments via SWIFT Go. I'd like to thank our teams for all their hard work over the past twelve months in delivering a best-in-class service to our clients."
These awards build upon an impressive twelve months for UniCredit's Transaction and Payments platform. In 2021, the bank was recognised as Global Banking & Finance Review's 'Best Cash Management Bank in Western Europe', The Banker's 'Best Transaction Bank in Western Europe' and Euromoney's 'Best Bank for Transaction Services in Western Europe'.