ABK wins elite qual­ity recog­ni­tion award from J P Mor­gan Chase

Kuwait Times - - BUSINESS -

KUWAIT: Al-Ahli Bank of Kuwait (ABK) was re­cently pre­sented the Elite Qual­ity Recog­ni­tion Award for the year 2015 from J P Mor­gan Chase, New York, for its ex­em­plary ex­e­cu­tion of elec­tronic pay­ments.

Som­nath Menon, Chief Op­er­at­ing Of­fi­cer at ABK re­ceived the award say­ing: “We are de­lighted to see ABK’s com­mit­ment to in­ter­na­tional qual­ity stan­dards be­ing rec­og­nized by JP Mor­gan Chase. ABK’s part­ner­ship with cor­re­spon­dent banks such as JP Mor­gan Chase un­der­lines our ded­i­ca­tion to evolve as an institution that con­stantly pro­vides our cus­tomers with in­ter­na­tional stan­dards of ser­vice.”

In its role as an in­ter­na­tional fi­nan­cial institution, ABK uti­lizes the lat­est in­ter­na­tion­ally ap­proved sys­tems and meth­ods to fa­cil­i­tate trans­ac­tions and en­able Straight-through-Pro­cess­ing (STP). By en­sur­ing STP at the high­est lev­els, ABK guar­an­tees their cus­tomers er­ror free and timely cred­its for their US dol­lar, cross border trans­ac­tions. ABK was re­cently also rec­og­nized by other cor­re­spon­dents such as Com­merzbank and Stan­dard Char­tered Bank for Ex­cel­lence in STP for 2014-15.

For more in­for­ma­tion about Al-Ahli Bank of Kuwait please con­tact an ABK rep­re­sen­ta­tive via ‘Ahli Chat’ or a cus­tomer ser­vice agent via ‘Ah­lan Ahli’ on 1899899.

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