FIMETRIX CONFIRMS COMMERZBANK AS TOP PERFORMER FOR EUR TRANSACTIONS FOR THE SECOND YEAR RUNNING - Top Stories news and analysis from Global Banking & Finance Review
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FIMETRIX CONFIRMS COMMERZBANK AS TOP PERFORMER FOR EUR TRANSACTIONS FOR THE SECOND YEAR RUNNING

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Posted on April 14, 2014

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FIMETRIX Confirms COMMERZBANK As Top Performer For EUR Transactions For The Second Year Running

FIMETRIX Confirms COMMERZBANK As Top Performer For EUR Transactions For The Second Year Running

Commerzbank Named Distinguished Provider By FImetrix

Leading market research firm for Financial Institutions, FImetrix has designated Commerzbank as a ‘Distinguished Provider’ of Global Transaction Services for the second year in a row.

Recognition For Outstanding EUR Transaction Services

The 2014 award recognises Commerzbank as a leading performer for EUR transactions, showing that it has consistently gone above and beyond the market standard in delivering services to its customers. Commerzbank was one of only four banks from around the world to be awarded this accolade.

FImetrix Award Selection Process Explained

This recognition category was created from interviews with Senior Level Executives at 646 banks in 97 countries across 6 regions – Asia/Pacific Rim, Central & Eastern Europe, Latin America, Middle East, Sub-Saharan Africa, and Western Europe/North America.

The banks included in the survey represent the largest banks within their respective countries, and carry out significant cross-border cash and trade activity.

Key Takeaways

  • FImetrix named Commerzbank a ‘Distinguished Provider’ of EUR transaction services for the second consecutive year.
  • The 2014 accolade recognized only four banks globally based on feedback from senior executives at 646 banks across 97 countries.
  • The survey covered six regions including Asia-Pacific Rim, Central & Eastern Europe, Latin America, Middle East, Sub‑Saharan Africa, and Western Europe/North America.
  • The recognition underscores Commerzbank’s consistent performance above market standards in delivering EUR transaction services.

References

Frequently Asked Questions

What does ‘Distinguished Provider’ mean?
It is a designation by FImetrix indicating that a bank consistently exceeds market standards in transaction banking services based on feedback from senior executives.
How many banks received this recognition in 2014?
Only four banks worldwide were awarded the ‘Distinguished Provider’ designation for EUR transactions in 2014.
What was the scope of FImetrix’s 2014 survey?
FImetrix surveyed senior executives from 646 banks across 97 countries in six regions: Asia‑Pacific Rim, Central & Eastern Europe, Latin America, Middle East, Sub‑Saharan Africa, and Western Europe/North America.

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