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EBRD Trade Facilitation Programme Announces 2021 Awards

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By EBRD  Press Office @ebrd

The EBRD’s Trade Facilitation Programme (TFP), the key supporter of international trade in the EBRD regions, has announced the winners of its annual TFP awards at the Bank’s 2022 Annual Meeting in Morocco.

With a record annual volume of more than €3.2 billion(US$3.4billion) in 2021, the TFP supported international trade via almost 2,000 transactions.

The TFP makes it easier for local companies to import equipment, raw materials and other goods necessary for their business by supporting local banks in their provision of trade finance.

Before the awards, at the TFP Information Session, discussions focused on the need to support international trade affected by Russia’s war on Ukraine; the development of trade finance in North Africa and the Middle East; and the importance of trade for low-carbon transition.

The event was opened by EBRD President Odile Renaud-Basso, who stressed the importance of keeping global trade going.

“The Trade Facilitation Programme is well known for being a community built on close relationships and friendships. Forums such as these demonstrate how we stand united,” she said.

The awards were supported by the TaiwanBusiness-EBRD Technical Cooperation Fund.

“The EBRD has done a great job in facilitating global trade through the TFP and, as quickly as it could, it responded to the fallout of the invasion of Ukraine by Russia,” said Representative Kelly Hsieh from the Taipei Office in the United Kingdom in a video message.

“As a longstanding partner of the EBRD we are pleased to have supported the TFP’s work.”

Awards for last year’s most active issuing banks and confirming bank were presented by Francis Malige, EBRD Managing Director for Financial Institutions.

Awards for 2021 winners

Most Active Issuing Bank in Albania

Banka OTP Albania SHA

Most Active Issuing Bank in Armenia

Armswissbank CJSC

Most Active Issuing Bank in Bosnia and Herzegovina

Raiffeisen Bank dd Bosnia I Hercegovina

Most Active Issuing Bank in Bulgaria

United Bulgarian Bank

Most Active Partner Bank in Croatia

Erste & Steiermärkische Bank dd

Most Active Issuing Bank in Egypt

Bank Audi SAE

Most Active Issuing Bank in Egypt

Qatar National Bank Alahli

Most Active Issuing Bank in Georgia

TBC Bank

Most Active Issuing Bank in Greece

Piraeus Bank

Most Active Issuing Bank in Jordan

Bank al Etihad Jordan

Most Active Issuing Bank in Jordan

Jordan Ahli Bank

Most Active Issuing Bank in Kazakhstan

JSC Bank CenterCredit

Most Active Issuing Bank in Kosovo

NLB Banka SHA Prishtina

Most Active Issuing Bank in Kyrgyz Republic

OJSC Optima Bank

Most Active Issuing Bank in Lebanon

Byblos Bank

Most Active Issuing Bank in Moldova

OTP Bank SA

Most Active Issuing Bank in Mongolia

Khan Bank

Most Active Issuing Bank in Montenegro

Hipotekarna Banka AD Podgorica

Most Active Issuing 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

Addiko Bank AD Beograd

Most Active Issuing Bank in Tajikistan

Bank Eskhata OJSC

Most Active Issuing Bank in Tunisia

Banque de Tunisie

Most Active Issuing Bank in Turkey

Alternatif Bank AŞ

Most Active Issuing Bank in Ukraine

JSB Ukrgasbank

Most Active Issuing Bank in Uzbekistan

JSICB Ipak Yuli

Most Active Issuing Bank in West Bank and Gaza

Quds Bank Plc

Most Active Confirming Bank in 2021

Commerzbank AG (Germany)

A special tribute was paid to the winners in a separate award ceremony for those banks most active in Green TFP, which facilitates the trade in goods necessary for energy efficiency improvements and low-carbon transition.

The winners were announced by Ksenia Brockmann, EBRD Green Financial System Associate Director.

The awards for most active issuing and confirming bank in Green TFP went to Piraeus Bank, Greece and to UBS Switzerland AG respectively, who supported the highest number of green trade transactions, helping to reduce CO2 emissions to a level that is equivalent to taking thousands of cars off the road.

Prizes for Deal of the Year – Green Trade were awarded to:

Ameriabank and Banca Popolare di Sondrio, jointly, for saving water resources in Armenia through the import of a modern bottling line, with a water-savings impact equivalent to the annual fresh water consumption of 440 Armenian households.

Piraeus Bank and Hellenic Bank, jointly, for promoting renewable energy in Cyprus through the installation of photovoltaic plants, resulting in renewable energy generation equivalent to the electrical energy consumption of 1,175 inhabitants of Cyprus.

Alpha Bank SA, Greece and UniCredit Bank Austria, jointly, for supporting circularity in the PET plastics sector in Greece, resulting in the annual production of approximately 460,000 half-litre PET bottles from recycled plastic.

Alpha Bank SA, Romania and Intesa Sanpaolo, jointly, for promoting responsible forest management by supporting trade in sustainably sourced secondary wood products, by facilitating the production of approximately 250 single entry doors from FSC certified timber, saving approximately 800 trees.

Uzpromstroybank and JP Morgan, jointly, for improving the energy efficiency of the retail sector in Uzbekistan, resulting in energy savings equivalent to the energy consumption of 24,250 inhabitants of Uzbekistan.

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