*** Ahli United Bank wins Citi STP Excellence Award 2023 | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Ahli United Bank wins Citi STP Excellence Award 2023

TDT | Manama                                                      

The Daily Tribune – www.newsofbahrain.com

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Ahli United Bank has once again been recognised for its superior performance in processing commercial and financial payments in US Dollars, receiving the prestigious ‘Straight-Through-Processing (STP) Excellence Award’ from Citi for the third time.

The award acknowledges AUB’s continued success in achieving outstanding STP rates, demonstrating the bank’s commitment to operational excellence and technological advancement.

The accolade was presented to AUB’s Samih Abutaleb, Deputy Group CEO Technology & Operations, by Mohamed Ahmed Al Hammadi, Head of Middle East & Pakistan FI Sales at Citi. Commenting on the award, Samih Abutaleb said, "This award is a reflection of AUB’s focus on delivering reliable and efficient services to our clients, supported by advanced technology and a highly skilled team."

Mohamed Ahmed Al Hammadi, Head of Middle East & Pakistan – Financial Institutions Sales added, "We are proud to present this award to AUB for their demonstrated performance in STP and delivery of commercial and treasury payments.”