• Investment in technologies and outstanding client experience strengthen our competitiveness in FX business in CEE 

Keeping the pace with the latest wins, UniCredit achieved a new recognition as Best FX Bank for Central & Eastern Europe in the Euromoney's Foreign Exchange Awards. Euromoney has a long history in evaluating the best in Foreign Exchange by benchmarking businesses based on their performance and market share. This year as well, it asked the FX industry to provide examples of their businesses’ recent developments, growth and achievements in several categories.

This outstanding achievement is the result of a sound strategy based on client-centricity and digital transformation: with a continuous investment in technology and the creation of an outstanding client experience, we increase our competitiveness and strengthen our market position in FX business in CEE over the years.

Anatoly Shvedov, Head of FICC Sales & Trading, commented: “We are delighted to win this award, which not only underlines our global expertise in FX Sales and Trading, but also confirms that we are on the right track in implementing our strategy to be the bank of choice in CEE. Across our business, we are putting the client at the centre of everything we do. We are investing in our distribution channels, especially digital to offer a truly global product platform combined with a distinctive and unique local presence.”

UCTrader

Our UCTrader FX platform has become one of UniCredit’s key competitive advantages in the CEE region. Over the last few years UCTrader has embedded itself as our clients’ gateway to the eFX world. It serves as a powerful tool for clients to trade various FX products independently. Specifically, it allows one-click spot, forward, and FX swap transactions where users can place orders, access personalised working areas, and monitor their deal history in a secure trading environment. Furthermore, the platform facilitates liquidity contribution and consumption, order-book matching, and simplification of UniCredit’s FX services, leading to reduced risk, enhanced efficiency, and lower costs for clients.

We serve 6 million clients, corporates and individuals, across the CEE region which is a key engine of growth for our Group, and we have on the ground FX presence in nine key CEE markets - Czech Republic, Slovakia, Hungary, Romania, Serbia, Bulgaria, Croatia, Slovenia, Bosnia and Herzegovina. Our physical presence is matched by our digital footprint, over the years we have been expanding the use of our FX platform UCTrader across CEE confirming us as a major player as well as at the forefront of digital innovation.

Michele Amadei, Head of Corporates CE&EE, added “UniCredit's client focus, and extensive network ensures accessibility to our wide suite of FX products for multinational corporations, financial institutions, local corporates, public, retail, and private banking clients. Our FX products and services help clients apply the best FX strategy, whether towards local or international markets. This award confirms our strong presence in CEE and our clients' feedback is the best evidence of our impact.”

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Additional media information:

Ekaterina Ancheva, tel +359 894 518 193 , flbufsjob/bodifwbAvojdsfejuhspvq/ch