NBB wins CITI treasury award

The National Bank of Bahrain (NBB) today announced that it has been named the winner of the global banking giant CITI’s 2016 Performance Award for achieving Straight-Through Processing rates of 99.0% for Treasury STP and 97.7% for Commercial STP, respectively.
The annual award is an important designation given to the leading financial institutions worldwide, which have achieved high rates of STP via their state-of-the-art international electronic payment processing.
The award was presented to NBB’s Chief Executive – Treasury, Capital Markets & Wealth Management at NBB, Hussain Al Hussaini, by Mohsin Almardi, Director – Correspondent Banking Group at CITI.

Source: BNA