American Express Bank LLC was established by American Express Global Corporate Payments in Russia in 2008 to distribute International Currency Cards products and to offer a core corporate travel expense management product – the Business Travel Account in Russia. The Business Travel Account is an advanced centralised payment solution helping customers to improve cash flow, increase operating efficiency and drive savings. Through its Global Corporate Payments group, American Express provides the Corporate Card, Corporate Purchasing Solutions, and other expense management services to mid-sized companies and large corporations worldwide. It is a leading issuer of commercial cards, serving more than 70% of the Fortune 500, as well as tens of thousands of mid-sized companies. American Express issues local-currency commercial cards and business travel accounts in more than 40 countries, and international currency products in an additional 100+ countries. In 2014, American Express continued to be recognized as an industry leader, ranking joint no 1 for customer satisfaction in the JD Power annual credit card satisfaction survey.