13 November 2013
MUSCAT-- BankDhofar's aggressive strategy and astute banking solutions have won it global acclaim leading up to the prestigious title of the Platinum award in the Middle East region for Business Process Management system (BPM). The bank's award winning streak shows no sign of slowing down with its recent acquisition of the highly honoured STP award from Commerzbank, Germany. The distinction recognises BankDhofar's superior Straight-through-processing (STP) of Euro payments and financial transactions.

Bashir Said Al Subhi, AGM International Banking, BankDhofar, commented "It is an honour to receive such a highly coveted award. We have, in fact, been at the centre of renowned global recognition thanks to the ceaseless efforts of every BankDhofar employee who work untiringly to satisfy your banking needs.

Like all our achievements, this accolade exemplifies our commitment to providing quality products and services. Our STPs come highly recommended because they facilitate speedy transfers that are simple and cost less. They guarantee high accuracy so as to minimise transaction costs."

He underscored BankDhofar's principal focus was to establish an unrivalled position in the industry through its people and technology.

"This award highlights BankDhofar's commitment to service and quality. It confirms our commitment to investing in technology that is fast and efficient to give customers an enhanced banking experience." Al Subhi added.

The STP award is presented to all banks and financial institutions that maintain exceptional quality and meet the highest global standards for automatic processing of international payments in Euro.

Commerzbank is a leading bank for private and corporate customers in Germany.

1n 2013, BankDhofar has received awards for different aspects of its operations and presence by renowned bodies worldwide as well as locally. Named the Best Retail Bank in Oman twice in 2013 by both Global Finance Market Review as well as Global Banking & Finance review Awards, they have humbly been rewarded for the ongoing investment in infrastructure, personnel and improvement on services.

Business Today magazine, a homegrown well-respected publication also identified BankDhofar among the best banks in Oman in their recent rankings for 2013.

© Oman Daily Observer 2013