UniCredit is Market Leader and Best Service Provider in trade finance in Central and Eastern Europe
- Euromoney survey finds UniCredit is the number one choice for trade finance in over 10 countries, as voted for by market participants
- In Austria, UniCredit Bank Austria took first place in both the "Best Service Provider" category and the "Market Leader" category
The results of this year's Euromoney Trade Finance Survey have once again confirmed UniCredit as one of Europe's leading banks for trade finance. The bank was recognised in the categories "Best Service Provider" and "Market Leader" in Central and Eastern Europe and in 10 countries. In Austria, UniCredit Bank Austria took first place in both the "Best Service Provider" and "Market Leader" categories.
Euromoney’s annual trade finance survey garners thousands of responses from buyers, financiers, and sellers from across the industry. For many, the survey is regarded as the benchmark for the global trade finance industry.
Dieter Hengl, board member responsible for Corporates at UniCredit Bank Austria, emphasises: "We are proud of these awards, they are the result of our tireless work and efforts to offer our customers in Austria the best possible service. They are a valuable recognition of the excellent performance of our employees and proof that we are a successful and reliable companion for our customers with our comprehensive and innovative product range."
Commenting on the bank’s success, Francesca Nenci, Global Head of Trade & Correspondent Banking, said: “Despite worsening geopolitical tensions complicating trade across the globe, UniCredit has remained steadfast in providing its best-in-class service for all of its clients. The bank’s constant push towards digitalisation and the simplification of paper-based processes has been fundamental to its success in this year’s survey and has ensured that UniCredit is regarded as the bank of choice across Europe.”
A full breakdown of results are as follows:
UniCredit voted Best Service Provider in:
- Central & Eastern Europe
- Italy
- Austria
- Bosnia and Herzegovina,
- Croatia
- Czech Republic
- Romania
- Serbia
- Slovakia
UniCredit voted Market Leader in:
- Central & Eastern Europe
- Italy
- Austria
- Bosnia and Herzegovina
- Bulgaria
- Czech Republic
- Hungary
- Romania
- Serbia
- Slovakia
In recent years, UniCredit has championed innovations and deployed market-leading solutions such as Trade Finance Gate (TFG), a modern digital platform that allows corporates to digitally manage their trade finance transactions. With such products, the bank has not only been able to offer clients an increasingly digital trade experience across each stage of the value chain, but it has also effectively streamlined and digitalised its internal operational processes. This, in turn, has given the bank more time to focus on its clients’ most important and urgent demands.
This win follows UniCredit’s recent success at the 2024 TMI Awards, where the bank was highly commended for its Trade and Supply Chain Finance Solution, Trade Finance OCR (TFO).
Enquiries:
UniCredit Bank Austria Media Relations
Franziska Schenker, Tel.: +43 (0) 5 05 05-51417;
E-Mail: franziska.schenker@unicreditgroup.at