Titan Trust Bank has emerged winner of the 2021 Global Finance World Best Trade Finance Provider in Nigeria.
Titan Trust Bank was established on the 12th of December, 2018 and obtained its National Banking license on the 26th of April 2019, operating as a fully commercial National Bank in Nigeria.
Global Finance named the 21st annual World’s Best Trade Finance Providers in 102 countries and eight regions of the US in an exclusive survey to be published in the February 2021 print and digital editions and online at GFMag.com.
The editorial review board of Global Finance selected the best trade finance providers based on entries from banks and other providers, as well as input from industry analysts, corporate executives and technology experts. Criteria for choosing the winners included: transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies.
According to Joseph D. Giarraputo, publisher and editorial director of Global Finance:
“The Trade Finance sector was hit particularly hard by the fallout from the COVID-19 pandemic, and providers were forced to respond and adapt to the unforeseen challenges it presented.
The winners of our annual Trade Finance awards are institutions that responded to the unprecedented landscape of 2020 with new technologies and improved capabilities that helped their clients succeed.”
“The news of the award is overwhelming. We are truly humbled and are grateful to our customers for their unwavering support and trust in us.
At the heart of the bank are our people, without which this achievement would not have been possible. “The award is also an endorsement of our professional board and well diversified and experienced management team.
Nigeria is going through a tough time due to the impact of the COVID-19 pandemic coupled with the fall in oil prices.
Hence, Titan Trust Bank has had to face a business terrain that has been hit with the onslaught of a global pandemic.
Despite the odds, the bank has become adept at providing tailored trade finance solutions to meet the needs of its customers.
In an industry that is fiercely dominated by banks that have been in existence for decades, Titan Trust bank has been able to establish a formidable market presence in just under a year.”
