Belfius Bank awarded the title of best Belgian bank for Cash Management and Trade Finance by the international magazine Global Finance

For the third consecutive year, the international magazine Global Finance has awarded Belfius the title of best bank for Cash Management and Trade Finance activities on the Belgian market.

This double recognition once again confirms the expertise of Belfius and its real added value for entrepreneurs and companies in our country: for the daily management of their financial flows, as well as the processing of their international trade operations and the development of their business in Belgium and abroad.

Each year, the international magazine Global Finance selects the best financial institutions in more than 100 countries in various fields, including Cash Management & Treasury services and Trade Finance activities. Through these awards, Global Finance aims to highlight the vision, ambition and expertise of banks that stand out by making a clear difference for financial managers and treasurers within companies and organisations.

Belfius won the ‘Best Trade Finance Provider’ and ‘Best Treasury & Cash Management Bank’ awards for the third consecutive year, a first in Belgium. This is a recognition of the know-how of the teams within its Transaction Banking division, which was set up three years ago, and the relevance of its offering, which combines innovative solutions and local service.

State-of-the-art digital tools and personalised service

With staff of around one hundred twenty, the Belfius Cash Management and Servicing teams directly support the daily management of more than 19.000 customers (corporate clients and organisations in the public and social sectors). This approach combines state-of-the-art and constantly evolving digital tools with human, local and personalised support. Their objective is to help company treasurers manage all their financial flows and operations in the best possible way, both in Belgium and abroad.

Made up of some sixty experts serving more than 1.500 corporate clients and fifty groups of international traders, the Belfius Trade Finance team is supported by a network of international banks covering more than 120 countries, representing a significant worldwide coverage. In 2021, Belfius launched a new digital platform, BE-Trade, a tool designed to facilitate the end-to-end processing of international trade operations and bank guarantees (both domestic and international) for its customers.

Koen Vierendeels, Head of Transaction Banking at Belfius Bank

2022 was yet again a year full of major challenges such as the war in Ukraine, the energy crisis, and high inflation. Despite all these unexpected events, our colleagues in Transaction Banking supported our corporate and public customers every day with all their treasury management and trade finance needs, and of course with a lot of Love. I am therefore very grateful and proud that our excellent local service and expertise are once again awarded. This is a great recognition for Belfius, especially for the colleagues in Transaction Banking.

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Belfius Bank awarded the title of best Belgian bank for Cash Management and Trade Finance by the international magazine Global Finance

For the third consecutive year, the international magazine Global Finance has awarded Belfius the title of best bank for Cash Management and Trade Finance activities on the Belgian market.

State-of-the-art digital tools and personalised service

Would you like to know more?