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UniCredit named Best Sub-Custodian Bank in Central and Eastern Europe

In its World’s Best Sub-Custodian Banks 2015 survey, Global Finance magazine awarded UniCredit for its achievements in Central and Eastern Europe. The US-based financial magazine selected UniCredit as Best Sub-Custodian Bank in Central and Eastern Europe. Furthermore, UniCredit scores number one in Austria, Bulgaria, Czech Republic, Hungary, Poland, Serbia, Slovenia and Ukraine.

Angelo Rizzuti, Global Deputy Head of Global Transaction Banking (GTB), said: “We are proud of this internationally acclaimed award, which is both a well-deserved acknowledgement of the outstanding work of our team and proof of our reliability as a sub-custodian bank. With the international UniCredit network and an extensive range of services, we can offer companies unrivalled benefits across borders.” 

Paolo Spada, Head of CEE GTB, commented: “The recent success with Global Finance across so many CEE countries confirms impressively our capability to deliver services in a consistently high quality, meeting fast changing customer needs and market requirements.” 

Global Finance´s editorial board, making use of market research, input from expert sources and entry information from banks, selected the winners from the institutions that reliably provide the best services in local markets and regions to global custodians. Its criteria included customer relations, quality of service, competitive pricing, smooth handling of exception items, technology platforms, post-settlement operations, business continuity plans and knowledge of local regulations and practices. 

UniCredit

UniCredit is one of the leading European commercial banks with strong roots in 17 European countries. Our world-wide network in roughly 50 markets comprises around 8,600 outlets and more than 145,000 employees (as of 31 December 2014). 

The Group operates the largest international banking network in Central and Eastern Europe with almost 3,500 business outlets (including Poland and Turkey).   

UniCredit is currently represented in the following countries: Austria, Azerbaijan, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Germany, Italy, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, Ukraine and Hungary. UniCredit operates in the Baltic states with a leasing company (as of 31 December 2014). 

UniCredit's Corporate & Investment Banking gives companies, from small and medium Corporates to multinationals and institutional clients, access to the largest network of banks in Central and Eastern Europe, as well as to branches in major financial centers worldwide. The successful collaboration between our network’s relationship managers and specialists in our product lines (Financing & Advisory, Markets, Leasing, Global Transaction Banking) enables UniCredit to respond promptly to our clients’ entrepreneurial requirements. Thus, UniCredit supports the growth and internationalization of the Group’s corporate and institutional clients, creating sustainable value for all stakeholders. 

Global Transaction Banking of UniCredit combines the local expertise of more than 2,000 professionals with the experience of a sophisticated global transaction bank, offering a diverse and proven set of core competencies in the fields of Cash Management and eBanking, Trade Finance, Supply Chain Management, Structured Trade and Export Finance and Global Securities Services. UniCredit Group is the largest transaction bank in the heart of Europe. Many international awards demonstrate this.