OREANDA-NEWS. August 11, 2008. Establishing interrelations with one of the largest world banks provides an avenue of new opportunities for SB Bank to accomplish foreign currency settlements, reported the press-centre of SB Bank.

Clients may now enjoy additional international settlement services and services in respect of conversion transactions. Partnership with Bank of Tokyo-Mitsubishi UFJ Ltd strengthens SB Bank market leading standing in the Russian banking market for international settlements.

This new relation is the evidence of SB Bank transparent economic policy and strategy and high level of the services which meet the international standards.

To date SB Bank maintains accounts in all main world currencies, Euro, USD, Canadian dollars, British pounds sterling, Swiss francs, Danish and Norwegian krones, and Swedish kronas. The Bank’s correspondent network encompasses the largest European, American, Canadian, and Japanese banks, such as Deutsche Bank Trust Company Americas (New York, USA), Deutsche Bank AG (Frankfurt-Am-Main, Germany), American Express Bank, Ltd. (New York, USA), Citibank N.A. (New York, USA), National Citi Bank (Ohio, USA), Dresdner Bank AG (Frankfurt am Main, Germany), Banque de Commerce et Placements S. A. (Geneva, Switzerland), Commerzbank AG (Frankfurt/Main, Germany), National Bank of Canada (Montreal, Canada), Danske Bank (Denmark), etc.

Note: Bank of Tokyo-Mitsubishi UFJ Ltd was founded on January 1, 2006 following the merger of Mitsubishi Tokyo Financial Group Inc. и UFJ Holdings Inc. As on March 31, 2006 the bank ranked world first in its assets \\$1,71 trln. The bank branch network encompasses about 700 offices in Japan and more than 100 subsidiaries abroad.