Doha: Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has been conferred the prestigious annual STP Award presented by Standard Chartered Bank for outstanding performance in Straight Through Processing (STP) and delivery of commercial and financial payments in US Dollars.
The Award was handed over at a meeting held at QIB Head Office (pictured), attended by senior officials from QIB and Standard Chartered Bank. The award recognises QIB’s state-of-the-art in-house funds transfer architecture and reflects the bank’s consistently high SWIFT payment standards which facilitate automated processing resulting in beneficiary account credits in the fastest time.
“The award recognises the high level of operational efficiency that we focus on at QIB. With our experienced personnel and strong IT infrastructure and delivery channels, we are well positioned to continue providing the highest quality service to all our individual and institutional customers” said C Krishna Kumar, QIB’s Chief Operating Officer.
The Peninsula
