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JP Morgan Chase Bank names Vneshtorgbank the best clearing Russian bank

21 January 2002

Vneshtorgbank is the first Russian bank, which has been awarded a Quality Recognition Award of JP Morgan Chase Bank.

Major criteria in selecting a winner are: volume of clearing transactions executed through the bank, quality of payment documents and absence of errors.
Kris Meritzis, Senior Vice President of JP Morgan Chase Bank, presented the award.

Citing Anatoly Chernyshev, VTB Deputy Chairman, the award is another proof of Vneshtorgbank`s international recognition as one of the largest and most stable Russian banks. Vneshtorgbank has always met the highest criteria for service quality, especially in international settlement and foreign trade finance.

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