Al Baraka Islamic Bank is honored by “BNY” in appreciation of its excellence in treating payments in US dollars

The Islamic Bank of Bahrain, one of the leading Islamic banks in the Kingdom of Bahrain, recently announced that it will receive the prestigious “Straight Through Progsing Award”, presented by the leading global “BNY” financial institution, in appreciation of the bank’s distinguished efforts and exceptional performance in the field of automatic treatment of direct payments in US dollars.

“BNY” awards its prestigious prize “STP AWARD” to banks and financial institutions that achieve high performance levels of direct mechanical processing for payments in US dollars, which reflects their operational efficiency and compliance with international standards.

Mr. Salman Al -Hashemi, Head of Financial and Banking Institutions in the Middle East and Africa and Vice President of the Gulf Cooperation Council countries at the “BNY” International Financial Corporation, handed over the prestigious award to Dr. Adel Abdullah Salem, CEO of Al Baraka Islamic Bank, in the presence of Mr. Hussein Youssef Attia, Head of Banking Services for Companies and Financial Institutions at Al Baraka Islamic Bank.

Commenting on this achievement, Dr. Adel Salem, CEO of Al -Baraka Islamic Bank, expressed his pride, saying: “We are very proud of this distinguished honor from the International BNY Foundation, which reflects our constant commitment to operational excellence and innovation in providing financial services. This achievement comes as a result of our continuous investment in promoting digital infrastructure, and the constant keenness to provide highly efficient banking services The reliability of our customers. “

For his part, Mr. Hussein Attia, head of banking services for companies and financial institutions at Al Baraka Islamic Bank, stressed: “This award is a clear evidence of the efficiency of our work teams and its commitment to the highest international banking standards. We are determined at Al Baraka Islamic Bank to continue to provide distinguished digital banking services to our customers from the companies and financial institutions.”

Al -Baraka Islamic Bank continues its commitment to investing in digital solutions and enhancing its operational capabilities to support smooth and safe payment experiences for its valued customers.

“BNY” is a global financial services company, running assets under conservation and management estimated at $ 53.1 trillion USD, and $ 2 trillion USD assets. For more than 240 years, “BNY” has partnership with its customers, making her experiences and platforms to help them achieve their aspirations. Today, “BNY” contributes to enabling more than 90 % of “Fortune 100” companies and nearly all 100 major banks in the world to reach the funding you need.

Being up to Al Baraka Islamic Bank

Al -Baraka Islamic Bank is considered one of the most prominent Islamic banks in the Kingdom of Bahrain and has succeeded since its inception in 1984 in achieving distinguished results in its operations and services provided to its customers from individuals and companies, and it has a busy record in the field of innovation, development and providing unique solutions for financing and investment in line with the provisions of Islamic Sharia, and it occupies an advanced position among the leading banks that provide distinct Islamic banking products and services.

For more information, valued customers can visit the website www.albaraka.bh or call 13300400.