SBERBANK OF RUSSIA 
By April 23, 2014, Moscow - Sberbank has been recognized by HSBC Bank plc, London, for the exceptionally high Straight-Through Processing Rate of its payments denominated in British Pounds (GBP) for 2013.
The Straight-Through Processing Rate (STP) is a broadly recognised in the international banking community criteria displaying quality of payment documents and extent of their conformance to uniform standards for straight-through processing in the settlement process.
As it was pointed out at the presentation ceremony, Sberbank has been awarded for the third time in succession since the Award itself was introduced by HSBC in 2011on the Russian market. Sberbank's straight-through processing rate exceeded 99 p.c. This rate brings Sberbank out to one of the leaders amongst not only Russian but many foreign banks that maintain accounts with HSBC Bank plc.
This international Award is a result of productive cooperation of both financial institutions in the area of settlement business and serves as an obvious recognition of Sberbank's success in permanent improving quality of payment formatting.
Photo: Ms. Julia Shadrina, Head of Financial Institutions and Public Sector (third from the right), Ms. Svetlana Sitnikova, Customer Service Officer, Financial Institutions Group (third from the left), and Ms. Anna Kutueva, Associate Director, Financial Institutions Group (first from the left) are presenting the Award to Sberbank's Mr. Andrey Ivanov, Global Head of Trade Finance and Correspondent Banking Department (second from the right), Mr. Dmitry Vanin, Deputy Head of the Settlement Centre, Shared Service Centre (fourth from the left), Ms. Stella Kudachkina, Head of Correspondent Banking (first from the right), Ms. Valeriya Popova, Senior Product Manager, Correspondent Banking (second from the left).
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Sberbank of Russia
Alexander Baziyan
Press office
Tel. +7(495) 957 5721
media@sberbank.ru
Sberbank of Russia is Russia's largest bank and a leading global financial institution. Sberbank holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. The Central Bank of the Russian Federation is the founder and principal shareholder of Sberbank owning 50% of the Bank's authorized capital plus one voting share, with the remaining 50% held by domestic and international investors. Sberbank has more than 110 million individual customers and 1 million corporate clients in 22 countries. Sberbank has the largest distribution network in Russia with more than 18,000 branches, and its international operations include UK, US, CIS, Central and Eastern Europe, Turkey and other countries.
The Bank holds the general banking license No.1481 issued by the Bank of Russia. The official website is www.sberbank.ru.
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