The FINANCIAL — Raiffeisen Bank Aval won a country award as the Best Trade Finance Provider 2017 in Ukraine.
Global Finance magazine named the 17th annual World’s Best Trade Finance and Supply Chain Finance providers in 9 regions, 83 countries and globally in exclusive surveys to be published in the February 2017 issue. The winners were named during the BAFT Europe Bank to Bank Forum closing session.
“Trade Finance is the area, where Raiffeisen Bank Aval is the competence center and may be extremely useful for its customers, especially in the geographical directions, where units of Raiffeisen Group are present”, commented Andreas Kettlgruber, Head of Multinational Companies & Trade Finance Servicing Division. “It is a great honor for us to receive such award, but it also means an increased responsibility. That is why, the year 2017 sets new ambitious tasks for us, such as: best quality service, new products, more consulting services for existing and new clients”, he added.
The editorial review board of Global Finance selected the best trade finance providers based on input from industry analysts, corporate executives and technology experts. In addition, a poll of Global Finance’s readership was conducted in order to increase the accuracy and reliability of the results. Criteria for choosing the winners included: transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies, according to Raiffeisen Bank Aval.
The global winners of the survey are the following: Best Global Supply Chain Finance Provider (Non-Bank) – Orbian; Best Global Supply Chain Finance Provider (Bank) – Citi; Best Global Trade Finance Bank – BNP Paribas.