ING was named as the Best Bank for Trade Finance & Financial Supply Chain - Europe in the TMI Awards for Innovation & Excellence 2022 organised by Treasury Management International (TMI). The organisation highlighted ING’s achievements as well as our drive to support clients in an innovative way. Our efforts to champion sustainability with client solutions like Acciona and Xylem were recognised by the industry, as we reached the €1 billion threshold on ESG-linked TFS exposure.
In addition, ING was named as the Best Trade Finance Provider in the Netherlands and the Best Trade Finance Provider in Central & Eastern Europe for 2023 by Global Finance. In the past year, ING achieved significant growth of the trade portfolios and introduced many innovations. For instance, we initiated the first MT798 transaction, implemented sustainable guarantees which hit the €1 billion benchmark, and built hybrid solutions mixing different trade products.