Finance Monthly Global Awards 2019 Edition

47 Finance Monthly Global Awards 2019 www.finance-monthly.com BANK OF THE YEAR FIRM PROFILE Through Global Advisory Solutions , Huntington Bank offers a comprehensive suite of advisory services and products designed to meet the needs of a broad range of customers doing business in global markets. Our advisory approach is customized to meet the complex needs of emerging and developed global companies alike. Global Advisory Solutions is a highly experienced team of international bankers, all of whom have more than 20 years of global banking experience. The team has deep experience in trade finance, correspondent banking, structured lending and supply chain finance. While the team has an expansive global network, it is especially known for its ability to develop tailored cross-border solutions to support clients active in North America, Latin America and across the globe. The capabilities we offer our customers include: Trade Services. Huntington provides a full suite of international remittance and receipt, letter of credit (import, export, and standby), documentary collection, and other trade service products, with the option of web-based delivery. Correspondent Banking. Huntington is a member of SWIFT, with more than 700 correspondent bank relationships globally. We can assist with obtaining local operating accounts and credit through our partners. Global Balance Reporting. Our global clients have the ability to receive and post MT940s (previous day foreign account balances and activity) in the Huntington Treasury Management website, Business Online. Multi-Currency Accounts. Huntington provides foreign-currency denominated accounts in more than 40 currencies. Balance and transaction activity reporting is available via Business Online. Export Working Capital. Huntington provides delegated Lending Authority under the U.S. EXIM Bank (EXIM) Working Capital Guarantee Program, with the ability to provide working capital loans guaranteed by EXIM that are based on work-in-process, foreign account receivables, and inventory. EXIM named Huntington its Lender of the Year Award in 2019. EXIM recognized Huntington for our “outstanding job of supporting small business exporters in the Midwest, meeting their needs for liquidity by providing EXIM-backed working capital.” Medium & Long-Term Export Loans. Huntington can provide EXIM-guaranteed direct loans to foreign companies purchasing U.S equipment or machinery with tenors up to seven years. Credit Insurance. Huntington owns a credit insurance agency that can help solicit insurance offers and advise on policy structures for foreign sales. Currency Risk Management. Huntington Global Advisory Solutions can help customers transact business in more 150 currencies using a variety of products, including spot, forward, swaps, options and non- deliverable forwards. Through Global Advisory Solutions, Huntington has developed a holistic approach to serving customers conducting business in international markets. Global Advisory Solutions is a key part of Huntington’s overall commercial banking portfolio, which includes middle market and corporate banking, capital markets and institutional banking, specialty banking, corporate real estate, treasury management and asset finance. Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio, with $108 billion of assets. Founded in 1866, The Huntington National Bank and its affiliates also provide vehicle finance, equipment finance, national settlement, and capital market services that extend beyond its core states. Visit huntington.com for more information. www.huntington.com AREAS OF EXPERTISE • Trade Services • Correspondent Banking • Global Balance Reporting • Multi-Currency Accounts • Export Working Capital • Medium & Long-Term Export Loans • Credit Insurance • Currency Risk Management USA