The leading European banking group earned the distinction of being the Best Trade Finance Bank for the entire CEE region and Western Europe as well.

UniCredit Bulbank is the Best Trade Finance Bank in Bulgaria according to the annual survey of the international magazine Euromoney. Over 4000 top international companies using trade financing took part in the survey.

UniCredit received the prestigious customer recognition for the entire CEE region as well as for the region of Western Europe.  Apart from Bulgaria, UniCredit was presented with the award in six other countries: Bosnia and Herzegovina, Croatia, Poland, Romania, Serbia and Turkey.

"It is an honor for us to receive a top rating in the survey as the Best Trade Finance Bank for a fourth consecutive year. The leading position of UniCredit in the region and the wide experience of the people working in the field of trade financing on a local and international level makes it possible for us to offer high-level services,“ commented Paolo Spada, Head of Global Transaction Banking in UniCredit for the CEE region. 

In Bulgaria, UniCredit Bulbank offers a full range of trade financing products: bank guarantees, documentary letters of credit and import/export cash collection, confirmation of letters of credit, discounting and post-financing. These services help clients minimize the commercial risk in deals, especially when working with less familiar counterparties as well as upon import to and export from destinations which involve a higher risk. When the products are structured properly they can also serve as a short-term liquidity source within a customer’s business cycle. Customers can manage their deals through the specialized Trade Financing Module on Bulbank Online.

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Additional media information:

Victoria Blajeva, tel +359 (0) 2 9264 993, wjlj/ebwjepwbAvojdsfejuhspvq/ch

Beatris Nikolova, tel +359 (0) 2 9232 528, cfbusjt/ojlpmpwbAvojdsfejuhspvq/ch