Philenews

Bank of New York Awards Bank of Cyprus with “STPAWARD 2025”

Published January 26, 2026, 09:15
Bank of New York Awards Bank of Cyprus with “STPAWARD 2025”

The Bank of New York has awarded the Bank of Cyprus the “STP AWARD 2025” for the fourth consecutive year. The award recognizes the high quality of the Bank of Cyprus's processes in executing remittances through the Swift system, with a 98% success rate in automated processing. The Bank of New York is a key correspondent bank for transactions in US dollars. The Bank of Cyprus emphasizes that cooperation with the Bank of New York strengthens the banking and financial services it offers to its customers.