OREANDA-NEWS. On June 23, 2009 As of the press service of the Bank with the reference to the official press release of UniCredit Group.

The renowned Global Finance magazine has named UniCredit Group for the second year in a row as the “Best Supply Chain Finance Provider 2009” in CEE.

Decisive for winning this award were, among other things, market share and global coverage, product innovation, customer service, technology, executions skills and client-specific implementations.

“In these challenging times Corporates need solutions to help them manage their working capital more efficiently. Supply Chain Finance Solutions can make the difference. UniCredit is the first bank able to offer an internet-based form of cross-border supply chain financing domestically and cross-border in 22 Central and Eastern European countries”, says Markus Wohlgeschaffen, Head of Global Trade Finance & Services within Global Financial Institutions & Trade Finance.

“This award underlines our strength in transaction banking business which derives from our ability to combine local know-how with global expertise resulting in innovative solutions and products. Moreover we are able to offer these solutions where our clients are based thanks to our leading position in CEE with more about 4,000 branches in this region”  says Andrew England, Head of GTB Central & Eastern Europe.

UniCredit Group is among the top three financial institutions in Europe in the area of transaction banking. The Global Transaction Banking of UniCredit Group offers products, services and solutions in the following areas: cash management and eBanking, trade finance and supply chain management as well as structured trade and export finance. “Global Finance” is one of the leading international finance magazines with more than 285,000 readers in 160 countries.

Global Transaction Banking (GTB) of UniCredit ranks among the TOP3 in transaction banking and has received several international awards. GTB 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. GTB has more than 2,000 dedicated transaction banking specialists in 19 countries. Around 3.5 billion transactions are carried out every year in Europe and more than 100,000 letters of credit are processed annually. UniCredit Group serves ca. 400,000 corporate customers worldwide.