The Joint-stock Company AB “Parex” bankas received from “Deutsche Bank” the prestigious “2009 EUR STP Excellence Award“ for the exceptionally high quality of international payment orders denominated in euros. AB “Parex” boasts of this award from one of the largest banks of the world already for the third year in a row.

“Parex” bankas was distinguished from among all banks executing international euro-denominated payment orders through “Deutsche Bank”. The quality of the international euro-denominated payment orders was evaluated by “Deutsche Bank” on the basis of the smallest number of mistakes occurring in the operations of payment orders.

“We are happy about this award which is highly significant to “Parex” bankas and was achieved through diligence of our employees, their professional skills and responsible attitude towards the work performed by them. This award shows that the quality of international payment orders executed by “Parex” bankas meets strict standards of one of the largest banks of the world. There is no doubt that our continuous investments into the improvement of the information system of the bank and development of its employees with a view to attaining the highest level of competence in the provision of all services of the bank were completely justified, − said “Parex” bankas Board Chairman Alma Vaitkunskienė.