TFP Awards ceremony at Bank’s 2016 Annual Meeting
The EBRD Trade Facilitation Programme (TFP) has honoured its most successful partner banks in a ceremony at its traditional TFP meeting on the eve of the Bank’s 2016 Annual Meeting in London.
Opening the event, Nick Tesseyman, EBRD Managing Director, Financial Institutions, said: “Over the last 15 years the TFP has gained recognition and appreciation from the industry and from its clients. The programme has played a key role in supporting the growth of small- and medium-sized firms that are crucial for sustainable growth and job creation.”
The awards winners for special achievements and distinguished performance in 2015 were:
|
Award for 2015 |
Winner |
|
Most Active Issuing Bank in ARMENIA |
Araratbank OJSC |
|
Most Active Issuing Bank in AZERBAIJAN |
Muganbank OJSC |
|
Most Active Issuing Bank in BELARUS |
Priorbank RZB Group |
|
Most Active Issuing Bank in BULGARIA |
Eurobank Bulgaria |
|
Most Active Issuing Bank in EGYPT |
Commercial International Bank |
|
Most Active Issuing Bank in GEORGIA |
Bank of Georgia |
|
Most Active Issuing Bank in JORDAN |
Bank Al Etihad |
|
Most Active Issuing Bank in KYRGYZ REPUBLIC |
Demir Kyrgyz International Bank OJSC |
|
Most Active Issuing Bank in FYR MACEDONIA |
Komercijalna Banka AD Skopje |
|
Most Active Issuing Bank in MONGOLIA |
Khan Bank |
|
Most Active Issuing Bank in MOROCCO |
Banque Centrale Populaire |
|
Most Active Issuing Bank in ROMANIA |
Alpha Bank Romania SA |
|
Most Active Issuing Bank in SERBIA |
Eurobank a.d. Beograd |
|
Most Active Issuing Bank in TAJIKISTAN |
OJSC Bank Eskhata |
|
Most Active Issuing Bank in TUNISIA |
Banque Tuniso-Koweitienne |
|
Most Active Issuing Bank in TURKEY |
Şekerbank T.A.S. |
|
Most Active Issuing Bank in TURKMENISTAN |
Rysgal Bank JSCB |
|
Most Active Issuing Bank in UKRAINE |
Raiffeisen Bank Aval PJSC |
|
Most Active TFP Confirming Bank |
Commerzbank AG |
|
EBRD and ICC Academic excellence award |
Belarusky Narodny Bank |
|
Deal of the Year – Intra-Regional Trade Construction of a new three-lane 90 kilometre road in Egypt |
Eurobank Cyprus Ltd
|
|
Deal of the Year – Social Impact Modernising the provision of medical care in Armenia |
Converse Bank CJSC |
|
Deal of the Year – Energy Efficiency Improving the energy efficiency of greenhouse infrastructure in Armenia |
Ameriabank CJSC
|
|
Overall Deal of the Year Construction of a new three-lane 90 kilometre road in Egypt |
Eurobank Cyprus Ltd |
The EBRD’s TFP, launched in 1999, promotes foreign trade to, from and amongst the Bank’s countries of operations and offers a range of products to facilitate this trade. Through the programme the EBRD provides guarantees to international confirming banks, taking the political and commercial payment risk of international trade transactions undertaken by banks in the countries of operations (the issuing banks). To date, the EBRD has supported over 18,400 transactions, totalling more than €12.8 billion.
The award ceremony was preceded by panel discussions about new directions in trade finance, especially exploring gaps and constraints in trade finance solutions for imports of energy efficient machinery and equipment. Rudolf Putz, Head of the EBRD TFP, said: “Our programme is well-established in the market and we are proud that – together with our partner banks – we can make an active contribution to economic growth. For us this means that we will continuously explore new areas and activities where we can be relevant.”
The annual TFP awards were presented by Ambassador Chih-Kung Liu, Head of the Taipei Representative Office in the UK and main sponsor of the event. The evening concluded with a joint dinner to mark the EBRD’s 25th anniversary.