OREANDA-NEWS. February 14, 2011. Global Finance magazine announced the winners among the best trade finance banks (Best Trade Finance Banks 2011):

UniCredit Group was named as the best trade finance banking group in Central and East Europe;

PJSC Ukrsotsbank was declared as the best trade finance bank in Ukraine; the same was for UniCredit Bank Austria AG in Austria and Bank Pekao in Poland.

According to the interview results that will be published in the issue from February, the best trade finance banks have been chosen (Best Trade Finance Banks 2011).

With the participation of Global Finance editors, analysts, companies’ executives, experts in different spheres of economy, the best trade finance in 71 countries and among the regions have been chosen. The main criteria’s were as following: extent of trade finance deals and the complexity of service, competitiveness of the terms offered and innovational approaches in financing.

The victory of Ukrsotsbank and UniCredit Group is the result of well — coordinated and effective cooperation of Corporate Center subdivisions and the support from banks-participants of UniCredit Group in realization of trade finance projects.