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Sberbank of Russia awarded by The Bank of New York Mellon (USA)
for STP Excellence in 2011
March 1, 2012, Moscow - A delegation from The Bank of New York Mellon, NY, USA, headed by Mr. Sergei Kotov, Regional Executive Eastern Europe, presented Sberbank of Russia with the Award for Excellence 2011 in Recognition for Outstanding STP Rate.
Sberbank of Russia has been awarded for excellent quality of formatting payments routed via its Nostro correspondent account in USD with The Bank of New York Mellon during 2011.
As it was emphasised at the award ceremony, 20 years have passed since the commence of the account relationships between Sberbank of Russia and The Bank of New York Mellon in US Dollars. Mr. Kotov pointed out that, in the meantime, Sberbank of Russia has steadily performed high quality of payment formatting.
'This international award is a testimony to Sberbank's achievements in effective payments settlement and its unfailing attention to the customer needs,' Olga Kanovich, Senior Vice-President of Sberbank of Russia, asserted. 'Let me thank our American colleagues for their high assessment of the quality of payments. This success is the consequence of our close cooperation with The Bank of New York Mellon'.
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Sberbank of Russia
Alexander Baziyan
Public Relations
Tel. +7(495) 957 5721
media@sberbank.ru
Sberbank of Russia is the largest bank in Russia, accounting for about 27% of the aggregate Russian banking assets and employing about 240,000 people. Sberbank's founder and major shareholder is the Bank of Russia holding over 60% of voting shares. The bank's other shareholders comprise more than 245,000 legal entities and individuals. The bank has the largest countrywide branch network with 17 regional head offices and more than 19,000 outlets as well as subsidiary banks in Kazakhstan, Ukraine and Belarus, a branch in India, and representative offices in Germany and China.
The bank holds the general banking licence No.1481 issued by the Bank of Russia.
The official website is www.sberbank.ru
