Eurobank receives EBRD award
31 May 2017.
The most active issuing bank in Serbia for the third year in a row
The Trade Facilitation Programme (TFP) of the European Bank for Reconstruction and Development (EBRD) has awarded Eurobank as the most active issuing bank in Serbia for the third year in a row. As one of the leading foreign investors in Serbia, Eurobank joined the EBRD’s TFP in 2011 and since then has supported export and import operations of its clients.
“We are very pleased to see Eurobank’s success in utilising EBRD’s trade finance facility to promote international and intra-regional trade. Their efforts in supporting import and export activities contribute to cross-border economic integration, which is one of the EBRD’s strategic priorities for the Western Balkans,” said Daniel Berg, EBRD Director for Serbia.
"The award we received from the EBRD confirms our commitment to supporting our clients in all business segments. International trade and commerce are of particular importance for our clients, but also for the Serbian economy, which was one of the reasons why we joined the EBRD’s TFP. We are honoured to have received this prestigious award once again and to have been recognised for the third consecutive year as the bank which promotes and enhances cross-border trade,“ said Predrag Janković, member of the Executive Board at Eurobank.
Launched in 1999, the TFP aims to promote foreign trade and currently includes over 96 partner banks in 26 countries where the EBRD invests, with limits exceeding €1.5 billion in total and more than 800 confirming banks worldwide.
Since the start of its operations in Serbia, the EBRD has invested around €4 billion in over 190 projects across the country. The Bank invests in the financial sector, industry, commerce, agribusiness, energy, and infrastructure.