December 29th, 2025 - 04:48 GMT
The National Bank of Bahrain (NBB) has been awarded the Citi 2024Straight-Through Processing (STP) Award in recognition of its exceptional performance in treasury payment processing. Based on Citi’s independently verified analysis of NBB’s full-year 2024 payment data, the Bank achieved an STP rate of 99.5%, exceeding the global qualification benchmark of 95%. Commenting on the occasion Ali Abdulkarim, Group Chief Executive, Corporate and Commercial Banking at NBB, stated, “We are honoured to receive this award from Citi, which reflects the dedication of our teams and the progress we have made ...