For the 6th consecutive year,the prestigious American magazine Global Finance pronounced Eurobank EFG “Best Trade Finance Bank” in the Greek market for 2010.
The Global Finance magazine awards a prize (Best Trade Finance Bank Award - 2011) to the best banks in Trade Finance, by continent and country, after an exclusive research, to be published in the issue of February 2011. Based on data from market analysts, business executives and technology experts, the editors of the magazine selected the best banks in Trade Finance, from 71 countries in various continents.
Determinants for the final selection of winners included the volume of transactions, geographic coverage, service levels, cost competitiveness and technological innovation.
“The availability of trade finance services at a reasonable cost is crucial for the health of the global economy,” said Joseph D. Giarraputo, editor of Global Finance. We selected banks that best serve the needs of businesses worldwide and are involved in cross-border trade.
This new international recognition confirms once again the quality of services Eurobank provides to its customers. Particular emphasis is given to the sector of trade and export activities of Greek companies, as these are crucial for the promotion of outward-oriented economic growth.
In this context, utilizing its extensive network in the countries of Central and Eastern Europe, Eurobank maximizes cross-selling opportunities and promotes new initiatives to support the extroversion of Greek businesses, such as the program Go International, in collaboration with country's three major export agencies. The program aims to strengthen trade and business ties in the wider geographical region, both in the eastern Mediterranean and the Arab world, as well as in the countries of central and south - eastern Europe.