Commerzbank wins EBRD Award Commerzbank wins EBRD Award

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EBRD_2018

Commerzbank – the EBRD’s top confirming bank for the 14th consecutive year

Commerzbank is again number one for the promotion of trade finance in the European Bank for Reconstruction and Development’s (EBRD) Trade Facilitation Programme (TFP). At the EBRD’s Annual Meeting in Jordan on 10th May, Commerzbank was awarded the title of “Most active confirming bank” under the TFP in 2017. No other bank has processed so many letters of credit or guarantees through the TFP since 2004. The TFP mitigates risk in trade transactions and increases the ability of importer’s banks to provide trade finance solutions for their customers, in order to help emerging economies of Europe, the Middle East, North Africa and Central Asia to continue on their growth path.

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