Raiffeisen Bank Aval' : Aval named Best Trade Finance Provider in Ukraine — Global Finance

25.01.2018

Kyiv. 25 January. - For the second consecutive year, Raiffeisen Bank Aval has been recognized as Best Trade Finance Provider in Ukraine by the Global Finance magazine.

The magazine has named for the 18th time the World's Best Trade Finance Providers in 94 countries and eight regions of the US in an exclusive survey to be published in the February 2018 edition.

The winners were announced on 17 January in London during the BAFT Global Annual Meeting.

Raiffeisen Bank Aval has been successfully operating at the trade finance market for a long time. We offer a full range of services to support export and import operations of our clients.

'This recognition from Global Finance's editorial review board with input from industry analysts, corporate executives and technology experts is pleasant and very important for us, so as we are constantly focusing on the improvement of service quality in our bank', noted Serhii Kostohryz, Head of Trade Finance Department at Raiffeisen Bank Aval. '2017 was not an exception in this context. Raiffeisen Bank Aval's Trade Finance team introduced a number of initiatives, which included consultancy services and regional business meetings dedicated to trade finance topics. Our aim was to provide our expert support to customers, to envisage potential difficulties and help to avoid them, as well as to find solutions for issues importers and exporters are facing in their cross border trade operations', he said.

'The award confirms the fact that Raiffeisen Bank Aval is moving in the right direction and that our focusing on top quality service and our customer-oriented approach is working', Serhii Kostohryz added.

The editorial review board of Global Finance selected the best trade finance providers based on input from industry analysts, corporate executives and technology experts. Criteria for choosing the winners included: transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies.

For more details on trade finance topics please call experts of Raiffeisen Bank Aval on phone: [phone]; e-mail: [e-mail]

Global Finance, founded in 1987, has a circulation of 50,000 and readers in 191 countries. Global Finance is headquartered in New York, with offices around the world.

Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.

Raiffeisen Bank Aval was founded in 1992. Since October 2005, it has been part of the Austrian banking group Raiffeisen Bank International AG. As at 30 September 2017, Raiffeisen Group owned 68.28 per cent of the shares of Raiffeisen Bank Aval, and the EBRD held 30 per cent.

Raiffeisen Bank Aval offers a wide range of services to more than 2.5 million clients through its nationwide network, which at the end of September 2017 totaled almost 500 branches across Ukraine.