In a world that is constantly changing, bespoke is a quality that is increasingly in demand. "What differentiates providers is a bank's ability to provide higher-value service," Greenwich Associates' latest trade finance study has found. This added value includes "advice, specific introductions and recommendations, financing, and other forms of support" states Greenwich.
BNP Paribas has scooped top honours in the 2019 Greenwich Share and Quality Leaders for Asian Large Corporate Trade Finance, as our clients further recognise our capabilities in traditional trade, commodity trade and supply chain finance in Asia.
The study also shows that 71% of the large Asian corporates surveyed said paperwork and manual processes are their biggest pain point, followed by communication and processing errors (40%) and prolonged payment and settlement (36%).
Our international network across 72 markets, local experts and insights, combined with our expertise and ability to solve problems and provide strong tailored solutions and advice, as well as our pragmatic approach to new technologies complementing our own internal expertise, allow us to support our clients through their trade finance journey.
" Our international network across 72 markets, local experts and insights, and strong tailored solutions allow us to support our clients through their trade finance journey. "
By listening to their specific needs, BNP Paribas has been able to offer unique, bespoke solutions for our clients who recognise us for Quality of Advice and Ability to Match Products and Services to Customer Needs in the 2019 Greenwich Excellence Awards for Asian Large Corporate Trade Finance. The large Asian corporates in the Greenwich study also recognised BNP Paribas as #1  in overall quality for Trade Finance in Asia and #2 in market penetration in the region.
"BNP Paribas' uninterrupted heritage in Asia Pacific dates back close to 160 years. We are excited to continue the journey with our clients, to support them in their growth, and are humbled by the trust they place in us as their banking advisor and partner," said Zoran Lozevski, Head of Global Trade Solutions, Asia Pacific, BNP Paribas.
|BNP PARIBAS RANKINGS|
2019 Greenwich Share and Quality Leaders for Asian Large Corporate Trade Finance
Rankings in the Quality Leaders – 2019