ARMBUSINESSBANK has been awarded another prestigious international award

This time the Bank is conferred on “USD STP EXCELLENCE AWARD 2013” by DUETSCHEBANK, in recognition of the Bank's outstanding efficiency in processing international transactions in US dollars.

In respect of 2013, ARMBUSINESSBANK has achieved a straight through processing (STP) rate of 99,63%.

At the ceremony to be held these days at the Bank's headquarters, the representative of DUETSCHEBANK will formally present the award to ARMBUSINESSBANK, and also the prospects of further cooperation will be discussed in the course of the meeting.

Ascribed to high quality processing of automated international payments, the clients enjoy high speed of servicing and reduction of costs.

This accolade is a tribute to the high caliber and superior efficiency of ARMBUSINESSBANK's operational capabilities, and will afford the Bank to consolidate its competitive position in the local market, as well as appear as a reliable business partner on the international market.

Through an expanded geography of correspondent network, the customers of ARMBUSINESSBANK get access to relatively low tariffs with respect to money transfer services enjoying fast and high quality service.