December 14th, 2025 - 06:53 GMT
Sharjah Islamic Bank (SIB) has received the prestigious “Client Excellence Award” from Deutsche Bank in recognition of its outstanding performance in straight-through processing (STP) of payment transactions. The bank achieved an impressive 99% success rate in euro transfers and 98% in US dollar transfers for 2024, reflecting a high level of accuracy, efficiency, and reliability in processing corporate and institutional payments without manual intervention. H.E. Ahmed Saad, Deputy CEO of Sharjah Islamic Bank, received the award during a special visit by a delegation from Deutsche Bank to SIB’s headquarters. The ...