OREANDA-NEWS. UniCredit Bank in Ukraine has been recognized by Global Finance magazine at the 2014 World's Best Trade Finance Banks Awarding Ceremony.

Moreover, UniCredit was named as Best Trade Finance Bank in CEE and Best Trade Finance Bank in Czech Republic and Bulgaria.

Citi became a global winner as Best Trade Finance Bank, he is also recognized as the best in the Americas region. In Western Europe, according to the magazine, the best is the Royal Bank of Scotland, in Asia - Standard Chartered Bank.

Commenting on the award, Gianfranco Bisagni - Head of UniCredit CEE CIB - stated: “I am proud of such remarkable recognition and congratulate all our Trade Finance Teams on such achievement. UniCredit is always striving to support its clients in providing them with new products and services to meet their most sophisticated business needs”.

The editors of Global Finance selected the best trade finance providers in 76 countries and 7 regions, 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.

Global Finance is a monthly magazine founded in 1987. Its mission is to help corporate leaders, bankers and investors chart the course of global business and finance. Each year Global Finance selects the best financial institutions around the world. These awards have become a recognized and trusted standard of excellence.