Kuwait – 26 July 2015: Gulf Bank today announced it has been awarded the prestigious ‘Straight Through Processing Excellence’ Award 2014 from Citibank for the Bank’s 97% treasury payments STP rate of and 95% commercial payments STP rate. This is the fourth consecutive year that Gulf Bank receives this award.

The award was jointly received by Mr. Khaled Al-Mutawa, General Manager – International Banking and Investments, and Mrs. Mona Mansour, General Manager –Customer Services Delivery.

Receiving the award on behalf of the Bank, Mr Al-Mutawa said: “We are honored to receive this award and proud to be recognized by such a renowned financial institution as Citibank. Receiving this award is acknowledgment for being one of the top correspondent banks and it reinforces our reputation as a market leader in operations and service quality.”