COMMERZBANK awarded OTP Bank for the quality of international transfer processing
OTP Bank received an award from the correspondent bank, the German global financial company and the banking concern COMMERZBANK. The award "STP AWARD 2022. Excellent Quality in the delivery of commercial payments and financial institution transfer" was awarded in September 2023.
"We are very pleased to announce that your institution has once again received our STP award for excellence in servicing commercial payments and transfers of financial institutions during the year 2022. This award is given only to a limited number of partners who have high standards in payment processing," COMMERZBANK noted.
OTP Bank has repeatedly received awards from COMMERZBANK. In particular, in previous years it was recognized for the high quality of international settlements and trade operations on international markets.
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Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.
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