Bank BPH Offers Fully Automated Trade Finance Services

Kraków-based Bank BPH has become the first Polish bank to offer its corporate customers a fully comprehensive STP end-to-end trade finance solution to automate their trade service operations. Bank BPH – a member of the HVB Banking Group with Bank Austria Creditanstalt as a strategic investor – is Poland’s third largest bank and ranked in the top 500 banks worldwide. The bank licensed NetIMEX, Surecomp’s Internet-based trade finance customer front-end in April 2005. The implementation of NetIMEX provides BPH with a trade finance solution encompassing the complete trade cycle from bank corporate customer, to bank back office and back to the customer. Dariusz Nalepa, Bank BPH Managing Director – Transaction Banking commented: “The launch of our automated trade finance solution signals the completion of stage one in our drive to maintain our position as Poland’s leading trade finance bank. At the same time the introduction of this value-added service to our corporate customers further aids the bank in its ultimate goal of becoming Poland’s first choice bank for large and medium domestic and international companies.”

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