UniCredit S p A: wins eight country awards on their way to being Global Finance’s best sub-custodian bank in Central and Eastern Europe for the 12th consecutive year
UniCredit is pleased to announce that it has been recognized as the best sub-custodian bank in Central and Eastern Europe for 2021 by Global finance – continuing a winning streak which is now in its twelfth consecutive year. Along with these regional accolades, the bank also won first prize in eight national awards, winning the title of best sub-custodian bank in Austria, Bulgaria, Bosnia and Herzegovina, Czech Republic, Croatia, Hungary, Serbia and Slovenia.
Prices for each region and country are determined by Global financeeditorial board, taking into account market research, contributions from expert sources and users of sub-custodian services, as well as contributions from banks, in order to select the institutions that reliably provide the best services on the market. local markets.
Criteria included customer relationship, quality of service, competitive pricing, ease of handling exceptional items, technology platforms, post-settlement operations, business continuity plans, and knowledge of local regulations and practices. , with UniCredit’s expertise in regulating the securities services market setting the bank apart from other providers.
Julia B. Romhanyi, Global Head of Securities Services, added:‘At UniCredit, we take great pride in our sub-custodian services and are therefore delighted to have confirmed our position as the best sub-custodian bank in Central and Eastern Europe, in addition to being the leader in eight countries as well. These achievements underscore the bank’s dedication, especially throughout the challenges generated by 15 months of changes due to the pandemic, where we nevertheless provided consistent quality service. At the heart of our success is the dedication of our excellent team and our constant focus on delivering high quality, tailor-made digital solutions. I would like to take this opportunity to thank the team for their hard work and, of course, our clients, who give us the platform to achieve these achievements.