Citadele Bank

Citadele Receives Recognition for Excellent International Payment Provision

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Citadele banka received Commerzbank AG's award for ensuring outstanding international payments in 2014. Representatives of Commerzbank AG presented the award to Citadele during their visit to Latvia.

Using its corresponding accounts in Commerzbank AG, Citadele has strongly presented itself as a noteworthy partner in processing and performing international payments. The STP Excellence Award is considered as a standard of excellence that confirms international recognition and the ability to work efficiency and comply with Commerzbank AG's high standards of correspondent banks and international payments.

Kaspars Jansons, Head of Citadele banka's Resource Division, "This award confirms the high professionalism of all of the Citadele's employees engaged in provision of international payments. It evidences that Citadele is becoming increasingly recognized and appreciated in the global arena."

Every year, Commerzbank AG presents the STP Excellence award to the financial institutions whose payments are executed automatically from beginning to end.

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