London/Toronto – September 17, 2023 – Trade Finance Global (TFG) is thrilled to announce the winners of the prestigious 2023 Trade, Treasury, and Payment Awards, in cooperation with BAFT. Celebrating its seventh consecutive year, the TFG Trade, Treasury, and Payment Awards 2023 have once again recognised the exceptional contributions to the global trade and finance industry.

This year’s winners were unveiled during the 2023 Global Council Forum organised by BAFT, held in Toronto, Canada, on September 17. We extend our heartfelt congratulations to all the deserving winners for their outstanding achievements and unwavering commitment to advancing the trade and finance landscape.

Winners of the 2023 TFG Trade, Treasury, and Payment Awards:


  • Best Trade Finance Bank: Santander CIB
  • Best Payment Solutions Provider: Pelican AI
  • Best Payments Provider: Visa
  • Best Supply Chain Finance Provider: Citi
  • Best Receivables Finance Provider: Santander CIB
  • Best Trade Law Firm: Allen and Overy
  • Best Trade Credit Insurer: Allianz Trade
  • Best Transaction Banking Provider: BNY Mellon
  • Best Trade Credit Insurance Broker: BPL Global
  • Best Development Bank in Trade: European Bank for Reconstruction and Development (EBRD)
  • Best Multilateral Institution in Trade: International Finance Corporation (IFC)
  • Best Correspondent/Regional Bank: Banque Du Caire

Innovation & Deals:

  • Trade Finance Deal of the Year: Lloyds Bank
  • Supply Chain Finance Deal of the Year: First Abu Dhabi Bank
  • Legal Innovation in Trade: Sullivan
  • Best Tradetech – Enterprise Software: Finastra
  • Best Tradetech-Compliance and Risk: MonetaGo
  • Best Tradetech Platform: Usyncro


  • Sustainable Trade Initiative of the Year: First Abu Dhabi Bank
  • Sustainable Trade Finance Deal of the Year: JP Morgan

Individual & Lifetime Achievement:

  • Lifetime Achievement in Trade: David Hennah at iGTB Intellect
  • Lifetime Achievement in Treasury Management: Colleen Ostrowski at Visa
  • Rising Leader in Trade: Mercy Femi-Olagundoye at Wema Bank Plc

Diversity & Inclusion:

  • Diversity and Inclusion in Trade: Allen and Overy


  • Excellence in Trade (North America): TD Securities
  • Excellence in Trade (Latin America): BBVA
  • Excellence in Trade (Middle East & North Africa region): Emirates NBD
  • Excellence in Trade (Africa): Afreximbank
  • Excellence in Treasury & Payments: iGTB Intellect

TFG extends its sincere gratitude to all nominees across the 29 categories and to the 21 esteemed judges who formed the steering committee. The judging process, although challenging, reflects TFG’s commitment to ensuring the utmost impartiality in these prestigious awards.