Bank UralSIB awarded "Fintech Project of the Year" premium by FINAWARD.
UralSIB Bank Recipient of 'Fintech Project of the Year' Award
UralSIB Bank has been awarded in the 'Fintech Project of the Year' category for its platform delivering bank guarantees to participants in government procurement and commercial contracts.
The joint project, realized on the basis of the technology solution by "TenderTech", has automated a significant part of the bank guarantee issuance processes. This includes the ability to issue multi-lot packages, automate approval of guarantees up to 3 million rubles, and automatically place draft guarantees in the Single Information System and issue guarantees within minutes.
UralSIB is a key player in the Russian guarantee market, and the bank leads in the number of guarantees issued under Federal Law 44-FZ: a 20% share across all guarantee types and 25% in guarantees for tender participation. A total of approximately 200,000 guarantees worth over 67 billion rubles were issued in 2024. UralSIB's product line includes a full range of guarantees that cater to most business needs. Among the most popular are guarantees under Federal Law 44-FZ, specifically guarantees for participation, contract performance, and guarantees securing the performance of guarantee obligations. The bank's most sought-after product is the "Express Bank Guarantee", an online product that allows clients to obtain a bank guarantee based on market value on the day of application. The application process takes place in an automated manner with a minimum set of documents required.
The FINAWARD is an annual prize, initiated in 2012 by the professional community, recognizing innovations and achievements in the financial sector. The prize is organized by the business journal "Banking Review" and annually documents the most impressive product, service, marketing, and IT initiatives in the financial sector, before nominating the best projects each spring. Winners are determined through a closed vote by the Expert Council, which comprises over 100 experts, analysts, bankers, and representatives of infrastructure companies on the Russian financial market. (The figures were calculated based on a report by the Russian Ministry of Finance for the first 9 months of 2024.)*
FINAWARD - ежегодная премия, с 2012 года вручаемая профессиональным сообществом за инновации и достижения в финансовой отрасли. Учредитель премии - деловой журнал "Банковское обозрение", который в течение года фиксирует самые яркие продуктовые, сервисные, маркетинговые и IT-внедрения в финансовом секторе, и каждую весну номинирует лучшие проекты. Победители определяются путем закрытого голосования членов Экспертного совета, в который входят более ста экспертов, аналитиков, банкиров и представителей компаний инфраструктуры российского финансового рынка.
* Рассчитано исходя из отчета Минфина РФ за 9 месяцев 2024 года.
Реклама. ПАО "БАНК УРАЛСИБ", uralsib.ru, erid: F7NfYUJCUneRJUjXCuHh
UralSIB Bank's Express Bank Guarantee offers speed and flexibility in guarantee issuance, making it a popular choice for businesses in the Russian market. For more detailed information about UralSIB Bank's Express Bank Guarantee, please contact the bank directly or consult their official documentation.
The Express Bank Guarantee offered by UralSIB Bank, a popular choice in the Russian market, provides speed and flexibility in guarantee issuance within the business and finance industry. Their fintech innovation, recognized with the 'Fintech Project of the Year' award, has been integral to streamlining bank guarantee processes, advancing the bank's position in the financial sector.
