OREANDA-NEWS. August 17, 2010. Commerzbank AG has appreciated the outstanding quality of commercial payments and financial institution transfers performed by AS “Akciju komercbanka ”Baltikums”” and granted its STP Award 2009 - Excellent Quality in the Delivery of Commercial Payments and Financial Institution Transfers, reported the press-centre of Baltikums.

The award acknowledges professionalism of AS “Akciju komercbanka ”Baltikums”” employees and quality of the banking technologies that ensure automatic execution of the payments.

It is noteworthy that AS “Akciju komercbanka ”Baltikums”” has received the award of Deutsche Bank in four consecutive years, which is yet another approval of the quality of the Bank’s outgoing payments.

AS “Akciju komercbanka ”Baltikums”” received Deutsche Bank’s 2009 EUR Straight-Through Processing Excellence Award for its performance in 2006, 2007, 2008, and 2009.

AS “Akciju komercbanka ”Baltikums”” is member of the Latvian banking group AS “Baltikums Bankas Grupa” and is 100% owned by Latvian companies – family holdings of the group’s shareholders. The objective of AS “Akciju komercbanka ”Baltikums”” – join leading independent private banks in the European Union by rendering modern and demanded banking products, services, and solutions to facilitate business and wealth of our customers.