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JP Morgan Chase Bank names Vneshtorgbank the best clearing bank of Russia

2 December 2002

Vneshtorgbank is the only Russian bank, which for the two times running has been granted JP Morgan Chase Bank award in "Quality Recognition Award" nomination.
Major criteria in selecting a winner are: volume of clearing transactions executed through the bank, high professionalism of the bankв?Ts personnel, and quality of payment documents.

The award was presented by Natalya Krupnova, JP Morgan Chase Bank Vice President.

Addressing the ceremony, Vladimir Solntsev, VTB Vice President, placed a special emphasis on a stable and on-going cooperation between the two banks, and expressed confidence that VTB work will continue to meet high international standards and all parameters of a stable and highly professional bank of global dimension.
The award is another proof of VTB recognition on the international arena 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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