A New Milestone Reflecting the Efficiency and Accuracy of Its Banking Operations:
KFH–Bahrain Wins Citi’s Straight Through Processing Excellence Award for 2025
Manama, Kingdom of Bahrain – 27 October 2026: In a new achievement that further strengthens its standing and reinforces its leading presence on the international banking landscape, Kuwait Finance House – Bahrain (KFH-Bahrain) has been awarded the Straight Through Processing Excellence Award for 2025 by Citi, one of the world’s leading correspondent banks. The award was granted in the categories of US dollar Commercial payments and treasury payments, in recognition of the Bank’s outstanding Straight-Through Processing (STP) rate of (99.7%) for commercial payments and (100%) for treasury payments, reflecting the highest levels of accuracy and operational efficiency.
This award represents a continuation of KFH-Bahrain’s consistent track record of success and the numerous accolades it has received, stemming from its commitment to delivering advanced banking services centred on quality, the adoption of best operational practices, and continuous investment in developing technological systems and enhancing operational efficiency in line with global standards, while meeting the evolving needs of customers across various sectors.
This recognition adds to KFH-Bahrain’s distinguished record of achievements and reaffirming the success of the Bank’s teams in maintaining exceptional STP rates. It further highlights the Bank’s exceptional operational readiness and precision in executing international banking transactions with a high level of efficiency.
Commenting on the achievement, Dr Shadi Zahran, Group Chief Executive Officer of KFH–Bahrain, said: “This prestigious award from Citi represents another testament to the strength and efficiency of KFH-Bahrain’s banking operations framework, and reflects our firm commitment to applying the highest quality standards in executing customer transfers, treasury services and trade finance payments, alongside our ongoing investment in developing tech infrastructure and enhancing automated operational performance.”
He added: “Achieving an STP rate of 99.7% for commercial payments and 100% for treasury payments is the result of integrated efforts by our teams and embodies an institutional culture built on precision, discipline and the adoption of best-in-class tech solutions. This enables us to deliver a reliable banking experience that meets global market requirements and keeps pace with the rapid evolution of modern banking.”
This latest achievement further reinforces the positive momentum KFH-Bahrain has achieved recently, receiving multiple international banking awards from prominent global institutions and publications. Collectively, these awards reflect the success of the Bank’s institutional transformation journey, the strength of its operating model and its ability to deliver sustainable excellence across Islamic banking services, financial solution quality, governance and innovation.
Through these successive achievements, KFH-Bahrain reaffirms its commitment to continued investment in strengthening its operational capabilities, enhancing its international partnerships and delivering genuine added value to its customers, further solidifying its position as a leading Islamic financial institution and reflecting its long-term vision of excellence and reliability across all areas of banking operations.
— Ends —
