Sberbank has been named the best bank in Russia and Eurasia for trade and structured finance by BNE Intellinews.
This award recognises excellence in all the CEE/SEE/CIS countries plus 15 additional regional categories. The editors of the magazine choose the winners based on research that takes into account transaction volumes/market share, regional/global scope i.e. number of correspondent banks, services and expertise, innovative technologies, and noteworthy achievements.
Evgeniy Kravchenko, Managing Director, Senior Banker, Acting Director of the Trade Finance and Correspondence Relations Division of Sberbank CIB, commented: “In 2016, the international Sberbank Group completed more than $31 bln worth of trade finance and documentary business transactions, an increase of 11% year-on-year. We are delighted that year after year Sberbank continues to be recognised for its trade finance, documentary operations and settlement business in Russia and on the international market. This award is the latest testament to our efforts. In 2017 we will continue developing digital channels and innovative products and services tailored to suit the changing macroeconomic and geopolitical situation, including FinLine, our remote banking system for financial institutions. 156 clients have been connected to FinLine and around 440 accounts are being serviced.”
BNE IntelliNews has a wide readership that includes corporate and financial decision makers and global investors, and is one of the leading English-language sources for economic and financial news about the 31 countries of Central, Eastern and Southeast Europe.
Information for editors
Sberbank CIB1 is the corporate and investment banking business of Sberbank. Its key areas of activity are corporate finance (including trade finance), the documentary business1, investment banking services, trade operations with securities, and private equity. Sberbank’s corporate and investment banking business provides integrated financial solutions and investment advisory services to its clients, which include major corporations, financial institutions, sovereign states and federal and sub-federal government bodies and organisations.
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