AUB re­ceives JP Mor­gan Qual­ity Award for Bank­ing Oper­a­tions

Kuwait Times - - FROM THE ARABIC PRESS -

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

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