Nordea best globally in digital trade finance

Nina Groth and Susanne Riis
15-11-12 10:56 | Awards

Nordea was recognised as The World’s Best Digital Bank for Trade Finance at Global Finance’s World Best Digital Bank Awards at the Digital Bank Conference in London on 27 October. Nordea won the top award for Trade Finance Services in the category of Best Corporate/Institutional Digital Banks, beating strong global competition to the prize.

“The value and reliability of these awards is an explicit acknowledgement of our strategic ambitions and shows the initiatives we are running will move Nordea Trade Finance securely into the future when it comes to delivering digital solutions to our customers. The award for digital solutions that meet the demands of tomorrow’s customers really shows we have started that journey and is a vote for our forthcoming Trade Finance Global system.

 “Digitalisation is one of the most important topics in banking today and in Nordea it is a top priority. Therefore, receiving an award for best Corporate/Institutional digital bank globally is a great accomplishment and recognition of the work we have done and continue to do in this area,” commented Nina Groth and Susanne Riis, Nordea’s Co-heads of Trade Finance.

Currently, 82% of all trade finance transactions made through Nordea are done by electronic interchange. This combined with Nordea's early adoption and pioneering of new industry initiatives such as SWIFT MT798 for multi banking and the forthcoming Trade Finance Global (TFG) system are some of Nordea's strengths in meeting customer needs in trade finance. A customer-focused newsletter and website championing thought leadership, insights.nordea.com, also keeps customers ahead of industry trends.

Global Finance’s editors select winners based on their strength of products and services following an initial evaluation from Infosys, a global leader in consulting, technology and outsourcing solutions.

Read further information on Global Finance

Read more news

Climate change

Nordea takes a clear position on Climate Change

Sustainability Responsible business Responsible investment

To express our view and actions related to Climate Change, Nordea has developed a position statement on Climate Change.

Nordea to support angel investing in the Nordics

About Nordea

Nordea and Nordic Business Angel Network (NordicBAN) have signed a partnership agreement.

Banks are facing their "Kodak momentum"

Digital banking The Digital Hub

Janne Kaisto and Jussi Muurikainen about how AI is taking over in the financial industry.

Bilde av en damen som ser på mobilen sin

Nordea launches the first Nordic bank service via Facebook Messenger

Digital banking About Nordea

Powered by Nets, it initially allows for payment of Norwegian bills via an e-invoice in Facebook Messenger – anytime and anywhere.

Betalo investment

Nordea invests in fintech company Betalo

About Nordea Markets and investments

Nordea is investing in the fintech company Betalo