
Audio By Carbonatix
Stanbic Bank Ghana, a member of the Standard Bank Group, Africa’s largest bank has won Deutsche Bank’s certificate of excellence for US dollar-based cross border 'Straight Through Processing' (STP) payments for the year 2012.This is the second consecutive time Stanbic Ghana has won this prestigious award, having won it the previous year.The award is a plaque and certificate presented to the bank by Charles Weller, Director at Deutsche Bank and Regional Head of Cash and Trade Operations for West and Central Africa, and Gary Pickard, Vice President for Cash Management and Trade Finance Financial Institutions at a ceremony in Accra.Mr Weller said: “The award is in recognition of international trade payments with a high STP rate in excess of 97% excellence for 2012. It places Stanbic in same the category with such institutions as Bank of America, Shangai International Bank and HSBC. I am delighted to present this plaque and a certificate for this achievement.”He described Ghana as a significant part of the West African operations for the Deutsche Bank Group.Receiving the award Alhassan Andani, Chief Executive Stanbic Ghana said: “We are humbled by this recognition which has come after a rigorous process. As work at growing the volumes passing through, it sets the benchmark for greater effort.”Stanbic Bank also won the award for 2011. The award which is in its eighth year is given to 200 banks globally for outstanding performances and high volume transactions with respect to US dollar based annual trade finance payment processing.Deutsche Bank is the world leader in foreign exchange transactions with over 54 percent of global volumes.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Ahiagbah urges government to complete Afari Military Hospital, says project 98% done
2 minutes -
Former Nigerian oil minister Diezani Alison-Madueke acquitted of bribery after 13-year UK probe
4 minutes -
UK law enforcement destroyed my reputation and integrity, ex-Nigerian oil minister tells BBC
10 minutes -
Presidency to determine eligibility for siren use by government appointees
18 minutes -
Interior ministry overhauls firearm licensing system, introduces mental health and drug tests for applicants
30 minutes -
Interior Minister suspends all active gun licenses in Ghana, orders fresh screening
38 minutes -
Interior Ministry to publicly destroy seized weapons on July 9 as gun amnesty ends
46 minutes -
Scrip T drops visuals for new single “Am Ghosting”
57 minutes -
NSA trial: Witness admits no evidence backing claim Ghana Card was used to register company linked to Gifty Oware-Mensah
1 hour -
The parking lot is not a stage; stop gifting cars to children in school
2 hours -
IFRIG leads Ghana delegation to Malaysia for non-interest banking and Islamic finance training
2 hours -
Wealthy Ghanaians urged to help decongest KATH as philanthropist clears GH¢60,000 bills for 16 patients
2 hours -
Amanano Community Bank records historic GH¢19.2m profit, unveils expansion and diaspora banking plans
2 hours -
Todays Front pages: Tuesday, June 23, 2026
2 hours -
Global initiative launched to tackle growing health impacts of climate change in low-income countries
2 hours