OREANDA-NEWS. On February 02, 2009 as was informed by the press-service of the bank.

UniCredit has been awarded with the “Best Bank for Payments & Collections in CEE 2009”. After having already received the awards for "Best Trade Finance Provider 2009" in CEE, Austria and Poland this is the fourth award we got from the Global Finance magazine this year.

Global Finance is one of the leading international finance magazines with more than 285,000 readers across 160 countries. Criteria for choosing the winners were profitability, market share and reach, competitive pricing and product innovation were decisive factors in the areas of treasury and cash management providers.

“We are very proud of having won also the award for Best Bank for Payments & Collections which shows that we are right on track becoming the transaction bank of choice. The awards is definitely a recognition for all colleagues thanks to their efforts and cooperation within our Group UniCredit was able to win these awards.” says Marco Bolgiani, Head of Global Transaction Banking Division (GTB).

UniCredit Group ranks among the TOP 3 in transaction banking in Europe. UniCredit?s Global Transaction Banking Division offers products, services and solutions in Cash Management and eBanking, Trade Finance and Supply Chain Management as well as in Structured Trade and Export Finance.

Ukrsotsbank in Ukraine provides all the benefits of the member of international UniCredit Group to secure high-quality banking services to corporate clients. Wide network of correspondent accounts of the Group banks provides the operational terms and competitive prices for payments in foreign currency. Bank remains one of the leaders of banking services to corporate clients providing daily payments, cash withdrawal and crediting even during crisis. It also offers a range of innovative for the Ukrainian market products of Cash Management in particular, consolidation and cash management of group of companies from a single center, using SWIFT tools to build accountability for foreign owners of companies and many others.

The creation of a specialized Department of global transaction services which includes the development of individual schemes of servicing of customers cash flows proves Ukrsotsbank desire to provide the best products to corporate clients.