OREANDA-NEWS.  Ukrainian PrivatBank has received a prestigious annual banking award (2015) from Commerzbank, one of the world's largest financial institutions. The award commended PrivatBank’s high quality service for international payments.

The award was presented by the Head of Commerzbank AG Representative Office Mr. Peter Kozlinskyi in Kiev. For more than 10 years this award has been granted to PrivatBank, recognising the high quality of its SWIFT-payment services and the professionalism of the bank’s staff, whose work meets the highest international standards.

Commerzbank AG, Germany's second largest bank, is among the top-50 global banks in terms of assets. Commerzbank AG annually presents its STP (Straight-Through Processing) Award to its correspondent banks that conduct payments in compliance with requirements for automatic processing.