Global Finance World's Best Trade Finance Providers 2023
On 25 Jenuary 2023 Global Finance, during the BAFT Europe Bank-to-Bank Forum 2023 in London, announced the 23rd annual World's Best Trade Finance Providers, awards recognised by the global financial community as a strong indicator of the standards of excellence by which the award-winning institutions operate; Intesa Sanpaolo was awarded Best Trade Finance Bank in Italy 2023 and World’s Best Use of Artificial Intelligence in Trade Finance 2023.
The award recognises the activities carried out in 2022 in the Trade Finance area, sector which has been forced to carry on the process of redefining and adapting their methodologies and dynamics, started during the Covid-19 pandemic. The winners of the Trade Finance Awards were selected by Global Finance for their ability to continue their process to digitalization, automation and innovation.
The winners were chosen by Global Finance's editorial board, which reviewed votes from banks, other service providers, specialist analysts, corporate executives and other industry experts. The criteria were: transaction volumes, global coverage, customer service, pricing and technology innovation.
Joseph D. Giarraputo, publisher and editorial director of Global Finance issued the following statement: " “The Trade Finance sector has seen steady growth in the past year that was spurred on by increased automation and innovation due to the pandemic. The winners of this year’s Trade Finance awards lead their competition in product and service offerings.”
