Cambodian Public Bank Awarded The
Cambodian Public Bank Awarded The "USD 2012 Straight-Through-Processing Excellence Award" by Deutsche Bank, New York
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Cambodian Public Bank was awarded with the "USD 2012 Straight-Through-Processing Excellence Award" for its exceptionally high accuracy in the processing of outward payment messages for the 2nd consecutive year by Deutsche Bank, New York one of the top five providers in USD clearing in the United States.
Ms. Vandee Rungthaveesen, Director of Global Transaction Banking and Head of Cash Management Financial Institutions, Indochina presented the award to Mr. Phan Ying Tong, Country Head of Cambodian Public Bank; witnessed by Dato' Chang Kat Kiam, Chief Operating Officer of Public Bank Berhad on 20 June 2013.
Only 13 awards were given by Deutsche Bank in South East Asia, Australia and New Zealand this year; as compared to 15 awards in 2012, Nostro agents with average STP rates higher than 97% were recoginsed and Cambodian Public Bank's achievenment of 99.08% is higher than the previous year of 98.95%.