Muscat | In recognition of its outstanding performance in the execution of commercial and financial payments in U.S. Dollar, BankDhofar has received the ‘Straight-Through-Processing (STP) Excellence Award’ from CITI Bank.
The award was handed over to Abdul Hakeem Al Ojaili, CEO of BankDhofar at BankDhofar Head Office, and was attended by, Ahmed Said Al Ibrahim, General Manager & Chief Corporate Services Officer, Bashir Said Al Subhi, AGM & Head of Treasury & Financial Institution, and executive team members.
Upon receiving the award, Abdul Hakeem Al Ojaili, CEO of BankDhofar, said: “We are very delighted to receive such a prestigious award to be recognised for our dedication towards achieving the highest STP rates from a leading international bank. The award is a testament of our efforts to meet global standards with regard to international payments in U.S Dollar.”
CITI presents the STP Award annually to banks and financial institutions that showcase exceptional quality and also meet the highest global standards for automatic processing of international payments in U.S. Dollar. BankDhofar is presented with this recognition for automatic processing of international payments in U.S. Dollars.
“We at BankDhofar are committed to offer best customers experience, and we work to ensure that our transfers are instant, economical and simple. We look forward to further improve our already exceptional STP results in 2019; further reinforcing our position as one of the best STP Banks in the sultanate” Abdul Hakeem Al Ojaili added.
This award adds to the accolades received by the bank in the past locally, regionally, and internationally. This year BankDhofar was topped with Best Corporate Banking Institution – Oman in The Business Awards 2017 by MEA Markets, Best mobile app from Pan Arab Web Awards 2018, The Business Excellence Award from the BIZZ AWARDS (World Confederation of Business) 2018, Best Private Bank Oman 2017 – BankDhofar by Global Banking & Finance Review, Best Islamic Retail Bank Oman 2017 – Maisarah Islamic Banking by Global Banking & Finance Review, Number 1 in Large Sized Banks Category at Best Banks Report by Oman Economic Review (OER), Best Bank for Human Resources Oman 2017 by the Global Business Outlook Award 2017.
As part of its “Together 2020” journey which aims at reaffirming its position as a leading bank in the Sultanate and the best in the Gulf, BankDhofar continues to provide the best customer experience, innovative products and creative services that are custom-made to meet the needs and requirements of our customers. The combination of the thorough vision of the bank’s executive management, the comprehensive operational strategy that revolves around following best international banking practices and providing best customer experience, as well as commitment to community development and contribution to the growth of the national economy, placed BankDhofar on top of the list of best banks in the region.
To learn more check out BankDhofar pages on social media; Facebook (www.facebook.com/BankDhofar), Twitter (@BankDhofar), Instagram (www.instagram.com/BankDhofar), or visit the official website www.BankDhofar.com or contact the call centre 24/7 on (+968) 24791111 for inquiries.
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