მარტი 09, 2021
TBC receives another international recognition in Trade Finance
TBC has received three international trade finance awards. Commerzbank, one of Germany's largest banks, awarded TBC for its outstanding, high quality cooperation and successful partnership in trade finance. The international financial magazine Euromoney named TBC the Market Leader and Best Service Provider in this field.
TBC gained recognition according to the following criteria: transaction volume, scope of global coverage, customer relations, competitive pricing, use of innovative technologies and more. In terms of trade finance, TBC's market share is 52%.
"Trade finance is one of the most important components of a country's economic progress. The main value we offer our clients in terms of international operations, both in terms of export and import, is the reduction of risks associated with international trade and the possibility of financing at competitive rates. We also work with all major international financial institutions around the world to enable our customers and partners to successfully conduct international transactions. The result of all this is that in the sphere of trade finance, TBC is the leading bank, which provides the largest amount of capital to support and implement projects important for the country's economy," - said Giorgi Tkhelidze, Deputy Director General of TBC.
Commerzbank is the oldest trade finance partner of TBC. Within the framework of the cooperation, the first international transaction was carried out by banks in 1999 and since then they have jointly offered a number of opportunities to customers.
Euromoney is one of the world's leading periodicals, publishing international financial surveys for 50 years. The Euromoney Award, which was established in 1992, is one of the most authoritative events in the banking and financial industry and represents a kind of global benchmark in this direction. The Euromoney Awards are granted to companies and individuals with leadership qualities and innovative approaches.