INTESA SANPAOLO HAS BEEN AWARDED THE TITLE OF “BEST TRADE FINANCIAL BANK” IN ITALY
• The award was assigned by the Global Finance international magazine
Turin/Milan, 9 January 2015 – Intesa Sanpaolo was nominated “Best Trade Financial Bank in Italy” by the Global Finance magazine within the scope of the Trade & Supply Chain Finance Awards. The award is for the Trade Finance services managed by the Global Banking & Transaction Department of Intesa Sanpaolo's Corporate and Investment Banking Division.
Within the scope of the aforesaid activity, Intesa Sanpaolo targets Italian and international companies with an offering of short and medium/long-term trade finance and export finance products and services. In the first nine months of 2014 the Group achieved a leadership position in Italy thanks to a volume of transactions equal to approximately EUR 13Bn; the wide range of products and services on offer places Intesa Sanpaolo among the main operators on the markets.
Each year, Global Finance selects, with the support of financial analysts, the top performers among international banking institutions and financial providers, thereby awarding them with the title of “World’s best banks” in several financial sectors. The identification of the top performers in the sector was made by evaluating a series of criteria, including: the volume and market share, the product offering, competitive pricing, technology and skills put at the customers' disposal.
“Our Group is strongly committed to providing a wide range of services tailored to the customers' different requirements and to consolidating its leadership on the Italian market as the leading bank for Trade Finance Services. Thanks to its unique network of relations with financial institutions worldwide, Intesa Sanpaolo is in a position to be able to better support its customers whatever country they operate in”, remarked Stefano Stangoni, Head of Intesa Sanpaolo's Global Banking & Transaction Department. “In order to satisfy our customers' international requests, our aim is to extend operations also to those markets that so far are still less known and where Italian enterprise dynamics are operating”, concluded Stangoni.
Global Finance is a monthly financial magazine which, since 1987, has been a source of news related to the international financial sector, traditionally addressing the top management of the leading international companies and financial institutions. The magazine is distributed in 163 countries and counts approximately 50,000 subscribers and 180,000 readers. Furthermore, through the web site, GF provides its readers with analyses, articles and a source of data on 192 countries.
Ufficio Corporate & Investment Banking and International Media
Last updated 9 January 2015 at 16:36