Global Finance names ABA Bank “Best Trade Finance Provider 2018”
ABA Bank has been recognized as “Best Trade Finance Provider 2018” in Cambodia by the international financial publication, Global Finance, making it the second consecutive award from the magazine. The regional and global winners were announced at an award luncheon on 17 January 2018 in London.
The editorial review board of Global Finance selected the best trade finance providers based on the inputs from banks and industry analysts and experts. Criteria for choosing the winners included transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies.
Commenting on this achievement, Mr. Zhiger Atchabarov, Chief International Operations Officer of ABA Bank said, “This award reflects our excellent service in facilitating trade transactions of our customers. At ABA, we strive to support local entrepreneurship to the full capacity, and our team of professionals is always there to provide our customers with individual solutions to support their import and export operations.”
“Global Finance is especially pleased to recognize finance providers that are not global giants yet still provide smart strategic tools to facilitate their clients' business objectives,” said Joseph D. Giarraputo, Publisher and Editorial Director of Global Finance. “In Cambodia, ABA Bank has continued to expand its trade finance operations to offer a full range of modern trade finance services. Its knowledge of local conditions and customer needs, financial strength, strategic relationships, competitive pricing, capital investment and innovation make it stand out. ABA Bank best serves the specialized needs of Cambodian corporations as they engage in cross-border trade.”
ABA Bank Trade Finance offers tailored financing options to support trading operations both within Cambodia and internationally. Backed up by its major shareholder, National Bank of Canada, ABA stands in a strong position to brining more financial solutions, and offering the best quality of services to entrepreneurs. In 2017, ABA’s total number of clients using trade finance tools doubled compared to 2016.
To find out more about trade finance tools of ABA Bank, please visit our Trade Finance page.
About Global Finance magazine
Global Finance is a monthly magazine founded in 1987. Its mission is to help corporate leaders, bankers and investors chart the course of global business and finance. Global Finance magazine has readers in 163 countries. Its headquarters are in New York, with offices in London and Milan. Global Finance’s audience includes Chairmen, Presidents, CEOs, CFOs, Treasurers and other senior financial officers responsible for making investment and strategic business decisions at multinational companies and financial institutions.
Each year Global Finance selects the best financial institutions around the world. These awards have become a recognized and trusted standard of excellence for the global financial community.