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VTB Bank receives award from JPMorgan Chase for high level of payment execution

15 January 2008

JPMorgan Chase Bank N. A. has given VTB Bank "Elite Quality Recognition Award" for its high level of interbank payments in US dollars made over the period from 2000 to 2006.

By this award VTB was again distinguished as one of the best banks among the 600 JPMorgan's correspondents in terms of payment execution quality. 

For many years the correspondent banks have recognized VTB's high profile and its leadership positions in providing settlement services to corporates and banks. Wide correspondent network and accounts almost in all foreign currencies allow the Bank to efficiently render highly qualified settlement services to Russian and foreign companies and financial institutions.

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