Techcombank receives award from US bank JP Morgan

Techcombank was awarded the 2012 Elite Quality Recognition Award for Outstanding Achievement by top US bank JPMorgan.

JPMorgan evaluates payment service quality of its correspondent banks in order to consider giving the STP (straight through processing) award to banks with STP ratio higher than 99 per cent. Techcombank's STP ratio in 2011 was 99.79 per cent.

The award recognised Techcombank's capability in the provision of international payment services with speed and accuracy, saving time and costs, JPMorgan said

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