UBB’s award was announced on January 16th in London during the BAFT Europe Bank-to-Bank Forum where Global Finance named the 19th annual World’s Best Trade Finance Providers in 95 countries.
The editorial review board of Global Finance selects the best trade finance providers and these awards have become a trusted standard of excellence for the global financial community. The winners are chosen based on a wide range of criteria such as input from industry analysts, corporate executives and technology experts. Criteria for determining the winners also include transaction volume, scope of global coverage, customer service, competitive pricing, innovative technologies as well as entry submissions from banks and other providers. The result is that the winners are not always the biggest, the oldest or most diversified banks, but the best in Trade finance.
Global Finance magazine, founded in 1987 in New York, has a circulation of 50,050 and readers in 188 countries. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. For 32 years Global Finance regularly selects the top performers among banks and other providers of financial services.
The award is of great importance for UBB as we are honored as leader in Trade finance upon our first submission in the contest as part of KBC Group, in the very dynamic moment of transformation and integration.