18 Nov 2013
BBK has been awarded the 2013 Quality Recognition award by JP Morgan Chase, in recognition of the Bank’s outstanding performance in achieving a very high Straight-Through-Processing (STP) rate for funds transfers. This is the fourth consecutive year that BBK has qualified for this award.
STP is the automated process of payments without manual intervention which increases processing speed, minimises routing errors, lowers operations and transaction costs while resulting in efficient, rapid payment execution and credit for the bank and the customers it serves. This award is presented to leading financial institutions which have state-of-the-art STP electronic payment services and meet JP Morgan’s stringent processing accuracy criteria. This year, less than 1% of JP Morgan’s total funds transfer clients qualified for this award.
Mr. Ali Moosa, Managing Director and Senior Country Officer, presented the award to Mr. Rashad Akbari, Assistant General Manager, Operations Division at BBK Head Office on November 6th.
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
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BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
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Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
26 Dec 2024
BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
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BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
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BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
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