Ahli United Bank gets top award

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

Ahli United Bank has emerged as the Kingdom’s Best Finance Provider of the Year 2021.

Global Finance honoured the institutions that have brought the highest levels of service, innovation, and expertise to their clientele. Joseph D. Giarraputo, publisher and editorial director of Global Finance, said: “The Trade Finance sector was hit particularly hard by the fallout from the COVID-19 pandemic, and providers were forced to respond and adapt to the unforeseen challenges it presented.

The winners of our annual Trade Finance awards are institutions that responded to the unprecedented landscape of 2020 with new technologies and improved capabilities that helped their clients succeed.” Commenting, Othman Hijazi, Group Head of Corporate Banking at AUB, said, “This recognition from none other than Global Finance is a clear testament to the agility and resilience of our trade finance offering in the face of COVID-19.

We are continuously monitoring market conditions and navigating trends and fluctuations to keep our clients well-equipped to conduct trade on the global stage.” “Our integrated network, product offerings, and technical capabilities are well-optimised to facilitate the management of risk when exporting and importing goods and services.

Despite the challenging operating environment in major markets this year, we were able to increase our profitability.

Our response to the unprecedented circumstances was to swiftly endorse enhanced methods of processing trade finance transactions and embrace a set of digital solutions and service channels”, added Hijazi.