AraratBank has once again been honored with the STP Award by one of the leading European banks, German Commerzbank AG, for ensuring high quality of SWIFT transfers in 2024.

Zaruhi Melkonyan, Head of International Operations Department at AraratBank, noted that receiving such high recognition from a prestigious institution is truly an honor. 

“Yet another STP award received from Commerzbank AG confirms that quality and reliable partnership can only be achieved through consistency, which guarantees the high level of service in international transfers executed by the bank. 

We place a special emphasis both on partnerships with prominent international financial institutions and constant improvement of the quality of business relations and appropriate mutual appreciation. This award motivates us to continue working with the same dedication and responsibility,” commented Zaruhi Melkonyan.  

It is noted that this continued high recognition from international partners strengthens AraratBank’s reputation as a trustworthy and stable partner.

AraratBank reminds that it offers comprehensive financial and banking services, delivering a full range of banking solutions to individuals and corporate clients. 

“AraratBank stands as one of Armenia’s leading banks, focused on assuming a leading role in SME lending, trade finance, investment and digital banking based on the best international and cutting-edge technologies,” the news release reads.
 
AraratBank is regulated by the Central Bank of Armenia.