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UniCredit Group named the best trade bank in Eastern Europe

13.09.2016

Trade & Forfeiting Review (TFR) magazine announced the results of its poll – UniCredit was recognized as "Best Trade Bank in Eastern Europe".

The award is based entirely on votes and represents the view of TFR readers, registered users of the website, the subscribers and the editorial team, which means a genuine reflection of the esteem in which UniCredit is held across CEE. 

Being recognized as Best Trade Bank in CEE proves that the company’s GTB strategy targeting sustainable business generation is on the right track. UniCredit supports the international expansion of its clients and help them to exploit business opportunities throughout the CEE Region, leveraging on the largest and most advanced transaction banking network and product range in Europe. In reciprocity for the confirmed trust of the clients, the Group continues investing in technology and focusing on improving customer service to be able to offer a state of the art user experience. UniCredit remains fully committed to be the corporates’ bank of choice for enabling their Foreign Trade Strategies, generating real value for its clients.

 

NOTE

Ukrsotsbank is one of the largest universal banks of Ukraine, operating in the local market since 1990. The bank offers full range of services to individuals and corporate clients.

The renovated Ukrsotsbank emerged on 31 October 2016 as a result of strategic deal whereby 99.9% of Ukrsotsbank shares have been transferred from UniCredit Group to ABH Holdings S.A. (АВНН) in exchange for a minority 9.9% stake in ABHH. Thus, the bank has combined 26-year-old traditions of Ukrsotsbank’s client-centric attitude, European quality of service inherent to UniCredit, as well as international banking expertise of ABHH in a number of European countries including CIS. Thanks to the successful synthesis and synergy of the two assets of ABHH in Ukraine, Ukrsotsbank and Alfa-Bank, the banking market of Ukraine will see the rise of a new stronger financial institution. This, in turn, will spur up technological advance, increase efficiency, improve quality of service for the clients, reduce cost of banking services whereas their range will inevitably expand.

The extensive retail network of Ukrsotsbank consists of 237 branches, its headcount reaching nearly 5 thousand employees.


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