UKRGASBANK recognized as the best trade finance bank in Eastern Europe in 2022, according to Global Trade Review

UKRGASBANK won the international award of Global Trade Review (London), the most authoritative publication in trade finance, in the nomination "The best trade finance bank in Eastern Europe". The award winners were announced at a solemn ceremony in London on May 3, 2023.

Starting from 2018, the Bank was among the TOP-3 nominees for this award for four years in a row and finally took the honoured first place according to the results of 2022.

"UKRGASBANK became a leader competing with the well-known global players. This victory testifies to the international recognition of the Bank's achievements during the tough and unpredictable 2022 year, in which we managed to sign the best agreements and defend our leadership in trade finance," said Gennadiy Khelemskyy, head of the Structured Trade Finance Department of UKRGASBANK.

You can find out more about this award by the following link.

For reference: since the full-scale war, the Bank has focused on critical import deals and export support. According to the results of 2022, the trade finance portfolio of UKRGASBANK amounted to UAH 20 billion. First and foremost, the Bank benefited from the support of the International Finance Corporation and the EBRD, trade finance eco-deals, improvement of the Bank's current products, such as express guarantee for corporate business customers and SME customers, documentary letters of credit, etc.

09.05.2023