UAE, December 21, 2016 - Arab Bank for investment and Foreign Trade (Al Masraf), one of the UAE's premier banking institutions, has been presented with the prominent Sheikh Khalifa Excellence Award - 2016 (SKEA) for demonstrating constant renovation over its previous efficiency.

The recognition is a result of a strategy implemented by the bank three years ago to attain optimal level of functional excellence and to maintain its industry management.

Sheikh Khalifa Excellence Award (SKEA) was launched by the Abu Dhabi Chamber of Business and Industry in 1999 to give a roadmap and an approach for continuous renovation and enhanced competition amongst local and national companies.

Al Masraf confirmed that it has phenomenal capability to stick to global finest methods by seeking excellence to improve bank's monetary and non-financial efficiency.

Mr. Faisal Galadari, Chief Executive Officer, Al Masraf, said: "3 years back, we started applying a quality-focused technique to make sure the distribution of the very best solutions to our customers and drive excellence across all our operations and plans.

We say thanks to the coordinators of the Sheikh Khalifa Excellence Award for gratifying our enthusiasm for excellence and high quality by bestowing us with this wonderful honour.

We assure our partners, clients and other stakeholders that this significant landmark is a structure of our Strategic Excellence Program 2016 - 2020 where we will be striving for Organizational Excellence throughout the year 2017 and beyond.

Al Masraf's latest recognition reflects its commitment to becoming an innovative and recommended monetary partner for all banking solutions, as it has received various awards for setting regional industry criteria and promoting teamwork among Arab nations.