30.Jun .2021 20:30

TBC Bank Recognized Among Successful Partner Banks by EBRD TFP Awards

TBC Bank Recognized Among Successful Partner Banks by EBRD TFP Awards
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The EBRD Trade Facilitation Programme (TFP) has honoured its most successful partner banks in 2020. An awards ceremony took place today during the first virtual TFP Information Session on the sidelines of the EBRD’s 30th Annual Meeting.
 
The awards illustrate the depth and breadth of the EBRD’s flagship programme, which has played a vital role in upholding trade in the Bank’s regions since the outbreak of the coronavirus pandemic in early 2020. The programme achieved a record annual volume of over €3.3 billion in 2020.
 
The TFP Information Session, supported by the TaiwanBusiness-EBRD Technical Cooperation Fund, was opened by EBRD President Odile Renaud-Basso. She said: “I know I am addressing a truly remarkable audience today. You represent the very best of trade finance talent. You drive the international trade that is so vital for global economic growth, prosperity and peace.”
 
Emphasising the unprecedented disruptions to international trade caused by the global pandemic, she continued: “I know how hard you have all been working since the pandemic struck and I know we will overcome that crisis too.”
 
Prizes were awarded to:


Awards for 2020 winners

Most Active Issuing Bank in ALBANIA   

Banka OTP Albania

Most Active Issuing Bank in ARMENIA  

Armswissbank CJSC

Most Active Issuing Bank in BELARUS  

Priorbank JSC, Member of RBI Group

Most Active Issuing Bank in BOSNIA AND HERZEGOVINA           

Raiffeisen Bank D.D. Bosnia I Hercegovina

Most Active Issuing Bank in BULGARIA 

Postbank

Most Active Partner Bank in CROATIA  

Erste & Steiermärkische Bank D.D.

Most Active Issuing Bank in CYPRUS    

Bank of Cyprus PCL

Most Active Issuing Bank in EGYPT      

Bank Audi S.A.E.

Most Active Issuing Bank in GEORGIA

TBC Bank

Most Active Issuing Bank in GREECE   

National Bank of Greece S.A.

Most Active Issuing Bank in JORDAN    

Bank Al Etihad and Invest Bank

Most Active Issuing Bank in KAZAKHSTAN

JSC Bank Centercredit

Most Active Issuing Bank in KOSOVO   

NLB Banka SH.A

Most Active Issuing Bank in KYRGYZ REPUBLIC           

OJSC Optima Bank

Most Active Issuing Bank in LEBANON  

Bank Audi SAL

Most Active Issuing Bank in MOLDOVA 

Mobiasbanca - OTP GROUP S.A.

Most Active Issuing Bank in MONGOLIA

Khan Bank LLC

Most Active Issuing Bank in MONTENEGRO     

Hipotekarna Bank AD Podgorica

Most Active Partner Bank in MOROCCO

Bank of Africa BMCE Group

Most Active Issuing Bank in NORTH MACEDONIA           

Komercijalna Banka AD Skopje

Most Active Issuing Bank in ROMANIA  

Alpha Bank Romania SA

Most Active Partner Bank in SERBIA     

Eurobank Srbija

Most Active Issuing Bank in TAJIKISTAN          

Bank Eskhata OJSC

Most Active Issuing Bank in TUNISIA    

Amen Bank

Most Active Issuing Bank in TURKEY    

Alternatifbank A.Ş.

Most Active Issuing Bank in TURKMENISTAN   

JSCB Rysgal

Most Active Issuing Bank in UKRAINE   

JSB Ukrgasbank

Most Active Issuing Bank in UZBEKISTAN        

Uzpromstroybank JSCB

Most Active Issuing Bank in WEST BANK AND GAZA           

Quds Bank

Most Active Confirming Bank    

Commerzbank A.G.

 
 
The TFP Awards Ceremony was introduced by Francis Malige, EBRD Managing Director, Financial Institutions. He said: “As we mark our 30th anniversary, we can take great pride in our achievements. The TFP has played a key role in supporting the growth of small and medium-sized enterprises that are so crucial for job creation, as well as helping to create greater equality of opportunity across societies. Many of our award-winning banks today developed their trade finance businesses with our help and have made extensive use of EBRD trade finance as well as our award-winning training programmes. Their success makes us extremely proud.”
 
Discussions first focused on the response to Covid-19. The pandemic greatly disrupted the global economy and world trade. During this period trade finance provided the security needed for the global movement of critical services and goods such as energy, food and medical products.
 
The EBRD highlighted best industry practices and crisis responses to the global pandemic, during which EBRD economies coped well with trade disruptions and digitalisation, and continued to support green trade.
 
Green trade was an integral topic of discussion in the Information Session.
 
Kelly Hsieh from the Taipei Representative Office in the United Kingdom noted: “While the world is busy dealing with the pandemic, it is imperative that we do not lose sight of the brewing environmental crisis caused by climate change. The post-Covid-19 recovery should be a green one, and trade can play a very important role in this. I commend the EBRD’s continuing work in fostering green trade through the TFP and its Green Economy Financing Facility.”
 
The Information Session was also a reminder of the importance of digitalisation to promote financial inclusion. The coronavirus pandemic has highlighted the urgent need for inclusive digital solutions to ensure that local banks across the EBRD regions are not left behind in the digital transition. As part of this approach, the Bank is partnering with digital solution providers and banks to support digitalisation efforts in trade finance within and beyond the regions where it invests.
 
The EBRD’s Trade Facilitation Programme promotes foreign trade to and from the economies where the EBRD invests. To date, the TFP has supported over 27,000 trade transactions, totalling more than €22 billion.