Nordea trade financing rated the best in the Baltics and the Nordic countries

In June, the prestigious international finance magazine "Euromoney" rated Nordea trade financing services to be the best in the Baltics and the Nordic countries. The rating has been awarded based on the opinions of the surveyed readers from more than a hundred countries.

Alise Odziņa, the Head of Trade Finance at Nordea Bank Latvia Branch: "Observations show that in the last years the level of awareness of Baltic companies has grown regarding the possibilities to secure against the risks of performance of contractual liabilities in local and international trade. Our goal here at Nordea is to provide professional customer advice offering our customers the best and most suitable solutions that would guarantee success in achieving the goals set by the customers, and therefore we are particularly proud of the success in the Baltic and Nordic markets."

Nordea offers its customers a full range of trade financing services (structuring, issuing and processing of guarantees, letters of credit and documentary collection transactions) by helping the customers to identify and manage the risks associated with local and international trade in such a way. Nordea trade financing units in the Baltics and the Nordic countries function based on common principles and ensure constantly high level of service in all home markets.

"Euromoney" is an internationally recognised monthly financial magazine with nearly 140 000 readers, including bank managers, institutional investors, fund and investment managers, heads of central banks and other stakeholders in the finance industry. Every year, "Euromoney" performs various surveys to find the most perspective and recognised financial companies.