From Gulf-times.com: Qatar Islamic Bank (QIB) has won the JP Morgan Quality Recognition Award for Excellence. The award is in recognition to it achieving 99.6% straight-through processing (STP) on payments between banks, which includes money transfers and account settlements between correspondent banks around the world.
“The fact that QIB received the Elite JP Morgan Quality Recognition Award from a global bank proves QIB’s ability to achieve and perpetuate excellence in its financial services around the world,” according to Khalid al-Rumaihi, Senior Executive Manager Head of International Banking and Financial Institutions at QIB……………………………………….Full Article: Source