AUB receives JP Morgan Quality Award for Banking Operations

KUWAIT: Ahli United Bank (AUB) is proud to announce that JPMorgan has awarded Ahli United Bank their Quality Award for Banking Operations for 2015. The award was offered to the Bank in appreciation of its high operational performance in banking transfers. This award is yet another additional recognition of the Bank’s professional standard achieved in this regard.

On this occasion, Jehad AlHumaidhi, Ahli United Bank’s General Manager of Operations and IT, announced in a press release that: “We are delighted with this high-level international recognition from a renowned institution such as JPMorgan as a result of our continued efforts to maintain the high level of performance and precision for the second consecutive year. This reflects our philosophy and our dedication to a culture of service excellence and the achievement of the highest international standards quality”.

Al-Humaidhi added: “This award will be added to the numerous other awards which the Bank has obtained all of which commended the quality and proficiency of transactions excellence. We shall continue this trend relying on the experience and dedication of our teams, the solid IT infrastructure, and the multi service channels of Ahli United Bank”.

JPMorgan indicated that only 1% of its clients qualified for the Award in 2015, with Ahli United Bank being one of this limited elite selection of banks.

This Quality Appreciation Award in Banking Operations has been offered by JPMorgan since 1997 to the banks which achieve the highest competence rates in accomplishing international transfer transactions and treasury processes.. This was achieved after the Bank accomplished a high level of precision for MT103 SWIFT messages, which pertain to “Banking Transfers Service to clients” and MT202 messages in US dollar which relate to “implementing the inter-banking transfers.” KUWAIT: A security source said all land and sea locations are monitored round the clock, adding that cases of suspicion about belonging to or sympathizing with terrorist organizations are being referred daily to state security and detectives, at an average of five to 10 cases a day. The source said the interior ministry, in cooperation with many government departments such as the defense ministry, customs, aviation and ports authority, seeks to find any security loophole on the Kuwaiti borders, while any security shortcoming is dealt with instantly and the persons responsible are held to account.

The source said undercover teams have been formed by the interior ministry to spot loopholes and prepare confidential reports about them. He said that camps, animal pens, farms and even areas many people frequent such as auctions are monitored by the interior ministry. The source said the interior ministry monitors any attempt to recruit youth to terrorist organizations, or communications between terrorist groups and their sleeper cells here in Kuwait. He said security reports are filed every six hours to monitor any suspect who threatens state security. —Al-Qabas