RBS wins Global Finance Best Trade Banks 2014 awards
January 2014

RBS is recognised for its award-winning Trade Finance business

RBS has won two significant industry awards for its trade finance capabilities. Global Finance magazine has named RBS as the Best Trade Finance Bank in the UK for a fourth consecutive year and the Best Trade Finance Bank in Western Europe.

"These awards are a great recognition of the talent and team effort across trade finance in RBS International Banking and the Corporate Banking Division, reflecting the confidence our clients have in the bank, our capabilities and our people,” said Anand Pande, Global Head of Trade, RBS International Banking.

Carole Berndt, Global Head of Transaction Services, RBS International Banking, added: "I'm delighted that we have won industry recognition for our trade finance capabilities in the UK and Western Europe. This consistent recognition is a great achievement, demonstrating the continued strength of our trade offering in the UK and Western Europe, and our unwavering commitment to provide clients with the best solutions.”

Based on input from industry analysts, corporate executives, technology experts and a survey of Global Finance readers, the awards recognise RBS’s full range of trade services and trade finance solutions to exporters and importers of all sizes. These include our supply chain finance and commodity finance offerings, as well as some innovative new propositions such as capital import finance.

Throughout the award period, RBS supported its customers’ growth aspirations by underwriting letters of credit and arranging other types of trade financing for them, including ECA-backed loans and commodity monetisation.

The strength of our capability to deliver our trade finance proposition is further underlined through our award-winning trade platform MaxTrad.

About the Global Finance Awards

The Global Trade Finance World’s Best Trade Finance Banks 2014 awards honour the best trade finance banks across 76 countries and seven regions, based on input from industry analysts, corporate executives, technology experts and a survey of Global Finance readers. Criteria for choosing the 2014 winners included: transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies.