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AHLI UNITED BANK RECEIVES AWARD FOR OPERATING EXCELLENCE

JPMorgan Chase Selects AUB for Elite Quality Award

Ahli United Bank B.S.C. (AUB), one of the Gulf’s leading Banking institutions, has been presented with the prestigious ‘Elite Quality Recognition Award’ for the eighth consecutive year by JP Morgan Chase, a leading global financial services firm. The award was given in acknowledgement of the bank’s consistently outstanding and high quality operational performance in the area of funds transfers and trade finance activity.

“AUB appreciates the recognition that comes with this prestigious award. We strive to maintain the highest standards in our service through ongoing training programmes for all our staff and this award is an affirmation of our success in this regard”, said Sanjeev Baijal, Deputy Group CEO – Finance, Operations, and IT, Ahli United Bank.

AUB has achieved a 99% rate in straight through processing in international payments with JPMorgan, which is well above average and considered one of the highest globally.

Since 1997, JPMorgan Chase has presented the Quality Recognition Award to those clients who achieve a best-in-class level of operating excellence. Their objective is to recognize ‘best-in-class’ efficiency and keep the criteria high.

“The fact that AUB has been able to maintain outstanding levels for several consecutive years clearly distinguishes them as a leader in meeting today’s operating challenges,” said Ali Moosa, Vice President Treasury Services, Middle East and North Africa, JPMorgan.