UniCredit is named the Best Sub-custodian Bank across six different categories by Global Finance

  • UniCredit is pleased to announce that the Bank has been recognised as the Best Sub-custodian in 2018 by Global Finance magazine’s editorial board across Central & Eastern Europe (CEE) as well as winning country specific awards as the Best Sub-custodian Bank in Austria, Bulgaria, Czech Republic, Slovenia and Serbia.

In determining the winners for each respective region and country, the editorial board of Global Finance magazine considered: market research, input from expert sources and entry information from the banks themselves to select the institutions that reliably provide the best sub-custodian services in specific 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. Input was also obtained from the users of said sub-custody services. Performance was judged over the period 1 January 2017 through to 31 December 2017.

Andrea Diamanti, Head of CEE Corporate and Investment Banking and Private Banking at UniCredit, commented: “We are extremely pleased to be recognized across CEE as well as in so many specific countries for excellence in meeting our clients’ sub-custodian needs in an increasingly complex and fast evolving market context. This is a fantastic demonstration of our capabilities in providing consistently high quality client service tailored to each specific market and region. It is also testament to the outstanding work of our team and something we look to build on in the future, leveraging UniCredit’s unique Pan-European network and extensive product range. Our ultimate goal is to continue offering our clients unrivalled benefits across borders.”

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 Press Office
Matthias Raftl, Tel. +43 (0) 50505 - 52809
Email: matthias.raftl@unicreditgroup.at