Crédit Agricole Egypt “CAE” wins JP Morgan Chase Bank Quality Recognition Awards for Outstanding Achievements of 2009 –2010 & Best-in-Class STP Rates

Published July 15th, 2010 - 12:45 GMT

Crédit Agricole Egypt has been granted two recognition awards from JP Morgan Chase Bank. As a leading institution in providing unique financial solutions, the bank was recognized for its continuous efforts to provide its customers with the highest possible quality services.

The JP Morgan Chase Bank awards are given to organizations with straight through funds transfers following a review process of industry suppliers. Nominated banks must demonstrate a high level of efficacy and operations excellence during which transactions are conducted in a timely and cost efficient manners.

Pleased with the achievement, Henri Guillemin, Managing Director of Crédit Agricole Egypt said: "We are very proud and honored for being granted these prestigious awards. At Credit Agricole Egypt, offering accurate high quality services to our retail and corporate clients has always been our number one priority. Not only do these rewards reflect the bank's success in providing its services but most importantly it recognizes our employees' efforts and efficacy. I would like to congratulate CAE's management and staff for achieving and sustaining this high level of excellence to meet the most challenging international standards."

The awards were handed by Mr. Mostafa El Sahn, VP – JP Morgan Chase B. to Mr. Jean Pierre Pallard, Chief Operating Officer and Mrs. Sayonara Elasmar, Head of Operations at Credit Agricole Egypt Premises to honor the Funds Transfer Team within the Payment Service Department and the Payments Team within the Trade Finance Operations Department. The relationship with JP Morgan Chase Bank is handled by the Trade Finance and Correspondent Banking Dept. within the Coverage & Corporate Banking Division. 

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