Manama: Ahli United Bank (AUB) has received the Straight Through Processing (STP) Award from Commerzbank AG, one of Germany and Europe’s largest banks, in recognition of the bank’s excellence in the delivery of commercial payments and financial institutions transfers in euros.
This is the seventh consecutive year AUB has received this award, which is conferred on banks meeting strict efficiency performance levels in processing euro-denominated payments and settlements through Commerzbank .