The FINANCIAL — The Global Transaction Banking arm of Societe Generale (SG GTB) has been awarded ‘Best Trade Finance Provider’ in Western Europe and Emerging Markets as well as ‘Best Trade Finance Provider’ in Algeria, France and Romania by Global Finance magazine at the Global Annual BAFT Forum in Madrid.
In a climate of economic and political uncertainty which can sometimes pose barriers to trade, these awards are recognition of the expert guidance provided by Societe Generale’s domestic teams to importers and exporters developing their businesses internationally, supported by a strong international network and continuous investments in new technologies, according to Societe Generale.
Pascal Augé, Director Global Transaction & Payment Services, Societe Generale, commented: “We are honoured that our strong and long standing commitment to supporting our clients has been recognised. Trade Finance is an ever-changing environment and we are committed to continuing to offer our clients innovative products which support their businesses, in particular digital innovation with initiatives such as our recent Digital Trade Chain partnership to help European SMEs increase trade.”
With a broad range of international trade products and services, Societe Generale has gained a leading position in trade finance in its core markets. With around 800 employees supporting clients worldwide, SG GTB’s global network spreads across 56 countries and includes business experts, product managers, marketing specialists, and transaction processing and customer service officers with in-depth knowledge of international trade financing.