UniCredit is named the Best Sub-custodian Bank in Central Eastern Europe, Austria and across five countries by Global Finance

  • UniCredit is pleased to announce that the Bank has been recognised as the Best Sub-custodian in 2019 by Global Finance magazine's editorial board across Central and Eastern Europe (CEE) as well as winning country specific awards as the Best Sub-custodian Bank in Austria, Bulgaria, Czech Republic, Hungary, Serbia and Slovenia

In determining the winners for each respective region and country, Global Finance’s editorial board considered market research, input from expert sources and entry information from banks to select the institutions that reliably provide the best services in local markets and regions. The 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. Global Finance also obtained input from users of sub-custody services. Performance was judged over the period covering January 1, 2018 through December 31,2018.

Andrea Diamanti, Head of CEE Corporate and Investment Banking and Private Banking at UniCredit, commented: "We are delighted to be recognised by Global Finance as the best sub-custody service provider across CEE region and in a number of local markets. We are dedicated to serving our clients and these acknowledgements testify the achievements of our teams in understanding client needs thanks to our unrivalled local presence combined with deep market knowledge, know-how and expertise. Our focus on security business is proven by our continuous effort to further enhance and harmonise our service and product offering, automate key processes across our markets and provide more efficient servicing capabilities for our clients."

And Dieter Hengl, Management Board member responsible for Corporate and Investment Banking at UniCredit Bank Austria, emphasises: "This international award as best sub-custodian bank in Central and Eastern Europe and in Austria is an important recognition of the excellent performance of our employees, proof of our innovative strength and our extensive international network. With that we combine global and local strength. As the clear market leader in the support of multinational companies in Austria, this award will motivate us to further improve our services, especially in the sub-custodian business, and to continue supporting our customers with a comprehensive product suite in the future."


Enquiries:              UniCredit Bank Austria Media Relations

                                Volker Moser, Tel.: +43 (0)5 05 05-52804;

                                Email: volker.moser@unicreditgroup.at