Three years in a row does AS “Latvijas Krājbanka” receive the Deutsche Bank AG award for the outstanding quality of the outgoing payments

AS “Latvijas Krājbanka”, managed by AB Bank SNORAS, was presented with the annual prize of Deutsche Bank AG, one of the largest European banks, for the excellent quality of the outgoing payments. “Latvijas Krājbanka” has been granted this award every year since 2007.

The annual award of Deutsche Bank was given to AS “Latvijas Krājbanka” for the professionalism of the experts working here and the high quality of the bank's technologies, which ensure a very accurate automatic execution of the performed payments. This year for the second time the processing quality of outgoing payments in the USA dollars was specially evaluated. In 2007 AS “Latvijas Krājbanka” received the award for the processing quality of Euro payments.

Since 2005 AB Bank SNORAS has successfully managed 76 per cent of the controlling shareholding of AS “Latvijas Krājbanka”. “Latvijas Krājbanka” is the oldest operating bank in Latvia, having the most expansive customer service network. Among the Latvian commercial banks, “Latvijas Krājbanka” occupies the first place according to the number of the customer service divisions and the third place according to the number of the ATMs. The customer service network of AS “Latvijas Krājbanka” comprises 122 customer service subdivisions, 41 of which are mini-banks; the bank also owns 194 ATMs. Almost 300 thousand clients use the bank's services.