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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 region’s leading Banking institutions, has been presented with the prestigious ‘Elite Quality Recognition Award’ by JP Morgan Chase, the 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 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. This is the eleventh consecutive year that AUB has received the award.

Since 1997, JPMorgan Chase has presented the Quality Recognition Award to those clients who achieve a “best-in-class” level of operating excellence. According to JPMorgan, AUB’s award is an “acknowledgement of the consistent, high quality performance and standards the bank’s funds transfer operations management and staff have maintained for the past year.”

AUB’s latest award reinforces its position as a market leader in the banking sector and is a reflection of the staff’s commitment to pursuing excellence and setting new standards for quality in the area of funds transfers and trade finance.