Based on research conducted by Euromoney for 2017, UniCredit was named “Best provider of trade finance services,” in Central, Eastern, and Western Europe.
In addition, with the proclamation of the “Best domestic service providers of trade finance” UniCredit outpaced rivals in Bosnia and Herzegovina, Bulgaria, Croatia, Hungary, Poland, Romania, Serbia and Turkey. UniCredit has invested significant resources in the sector of trade finance in order to develop innovative platforms, supply chain and outsourcing of business processes. In addition, UniCredit group is a member of several initiatives to use databases that are based on the block chain technology, among others, a banking consortium R3 for distributed databases. Paolo Spada, director of transactional banking in Central and Eastern Europe at UniCredit, said: “It is an honour we get the fourth consecutive year the award for the best provider of trade finance services in Central and Eastern Europe.”