Global Finance Awards BNY Mellon Best Bank for Trade Finance 2024
JANUARY 18, 2024
BNY Mellon’s Treasury Services business was named the World’s Best Bank for Trade Finance in 2024 by Global Finance, acknowledging BNY Mellon as the top bank in trade finance in the Global category.
Amidst a backdrop of global market volatility, the award distinguishes BNY Mellon’s unique role as a trusted and innovative trade finance provider and highlights the firm’s efforts in developing transformative solutions through investments in modern technologies.
Joon Kim, Global Head of Trade Finance, Working Capital & Portfolio Management, BNY Mellon Treasury Services said: “Today’s win reaffirms our team’s commitment to unlocking client-driven solutions that address industry demand, while also helping clients scale and drive efficiencies in their trade financing operations. BNY Mellon Treasury Services is actively engaged with regulatory and industry partners to implement and standardize next-generation technologies, a crucial part of our mission to propel digital transformation.”
Global Finance’s Trade Finance and Supply Chain Finance Awards celebrate the best trade finance providers across almost 100 territories worldwide. The winners received trophies during the annual Bankers Association for Finance and Trade (BAFT) conference held in Frankfurt.