"Most Improved Export Finance Bank 2020!"  DZ BANK's export finance was delighted to receive this award from the industry medium TXF Media
of the DZ BANK. TXF Media, the leading international information and data provider for export finance, selects those banks and export credit insurers that have made outstanding achievements every year. Senior financing experts of export-oriented companies worldwide who are regular users of government-backed export financing are surveyed.

"The award recognises our sustained performance and competitiveness in successfully supporting our German corporate clients with structured financing solutions for exports to China, Indonesia, Turkey and Africa, among others. It also confirms that we have been able to significantly increase DZ BANK's acceptance and visibility in the market, especially among large, globally active corporate clients," says Gottfried Finken, Head of Structured Finance.

"We are very proud that the category, which was awarded for the first time, went directly to us," adds Ralph Lerch, Head of Export Finance in the Structured Finance Division. "The award is a great confirmation of our multifaceted activities to support large, internationally active companies, but also classic medium-sized companies. The customers of the Volksbanken Raiffeisenbanken are now increasingly asking for such customised financing options. For them, we have significantly expanded our offer in the area of small-scale debt purchases and Hermes-covered buyer credits in recent years."