Societe Generale named best Trade Finance Provider in Western Europe and emerging markets by Global Finance
The Global Transaction Banking arm of Societe Generale (SG GTB) has been awarded ‘Best Trade Finance Provider’ in Western Europe and Emerging Markets as well as ‘Best Trade Finance Provider’ in Algeria, France and Romania by Global Finance magazine* at the Global Annual BAFT Forum in Madrid.
In a climate of economic and political uncertainty which can sometimes pose barriers to trade, these awards are recognition of the expert guidance provided by Societe Generale’s domestic teams to importers and exporters developing their businesses internationally, supported by a strong international network and continuous investments in new technologies.
Pascal Augé, Director Global Transaction & Payment Services, Societe Generale, commented: “We are honoured that our strong and long standing commitment to supporting our clients has been recognised. Trade Finance is an ever-changing environment and we are committed to continuing to offer our clients innovative products which support their businesses, in particular digital innovation with initiatives such as our recent Digital Trade Chain partnership to help European SMEs increase trade.”
With a broad range of international trade products and services, Societe Generale has gained a leading position in trade finance in its core markets. With around 800 employees supporting clients worldwide, SG GTB’s global network spreads across 56 countries and includes business experts, product managers, marketing specialists, and transaction processing and customer service officers with in-depth knowledge of international trade financing.
More information about Societe Generale’s solutions can be found at: https://import-export.societegenerale.fr/en.
*Global Finance is a monthly publication providing news and analysis about companies and financial institutions since 1987. Its audience includes Chairmen, Presidents, CEOs, CFOs and Treasurers across 163 countries.
Each year Global Finance selects the best financial institutions around the world. These awards have become a recognised and trusted standard of excellence.
Global Finance names the World’s Best Trade Finance Banks in 7 regions, 84 countries and globally in an exclusive survey. The editorial review board of Global Finance selected the best trade finance providers based on input from industry analysts, corporate executives and technology experts. In addition, a poll of Global Finance’s readership was conducted in order to increase the accuracy and reliability of the results. Criteria for choosing the winners included: transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies. More information about these awards can be found here: https://www.gfmag.com/media/press-releases/press-release-worlds-best-trade-finance-provider-2017