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Bank of Palestine awarded the excellence and precision award in swifts for the tenth year by JP Morgan

2011-09-27

Bank of Palestine said that it was awarded the excellence and precision award in the implementation of banking wires "Swift" in the Middle East and North Africa from the "JP Morgan" for the tenth year in a row. The Bank maintained for the past ten years a cumulative rate of over 99% in the accuracy of international transactions in dollars through "JP Morgan. The award was delivered to the Assistant of the General Manager, the Director of Treasury Ihsan Sha’sha’a in a ceremony at the World Bank"s representative office in the Egyptian capital, where the award was presented by Suha Ali the Manager of the Representative Office of  JP Morgan  in the Middle East. The attainment of Bank of Palestine to this award comes amid a great competition of banks in the Middle East and North Africa, in the area of banking and financial remittances in dollar currency, within the classification of money transfer speed and accuracy. The Chairman of the Board of Directors, and the General Manager of Bank of Palestine Hashim Al-Shawa expressed his happiness in continuing the Bank"s accomplishments and gaining global awards and international certificates, where its recent award was for being the best bank in Palestine under the classification of the global money magazine "Euromoney" , stressing out at the same time that the journey of the achievements is continuous and reflects the high performance and quality of services provided by the Bank from his insightful and high determination to be a pioneer bank through providing campaigns, facilities and services, adding that the Bank got the merit award based on the confidence of its clients and their readiness to its products and services, in addition to the loyalty of its employees, their support and their determination to succeed. Al Shawa said that Bank of Palestine is one of the most importnat Palestinian banks in term of  innovation, development and diversification of services, noting that the it’s the first Palestinian Bank that established an electronic online branch for customer services, and it"s the first Bank that established a network of electronic point of sales to assist their clients to buy their needs from trading shops through a network of more than 4,000 points of sale distributed in all the Palestinian areas in the West Bank and Gaza Strip, also it is the first bank that launched the insurance bank service in Palestine.