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4-Traders Homepage  >  Equities  >  Xetra  >  Commerzbank AG    CBK   DE000CBK1001

Real-time Quote. Real-time Tradegate - 08/29 08:03:31 pm
5.951 EUR   -1.21%
12:11p COMMERZBANK : BankDhofar Awarded for Excellent Quality Euro Payments..
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Commerzbank : BankDhofar Awarded for Excellent Quality Euro Payments by Commerzbank

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08/29/2016 | 12:11pm CEST

Release date- 26082016 - STP Awards are presented to financial institutions that showcase exceptional quality for automatic processing of international payments in Euro.

BankDhofar achieved highest quality Euro transactions and recorded 100% Straight-Through-Processing for financial institution transfers.Muscat, 28 August 2016: In recognition of its excellent quality in the delivery of commercial payments and financial institution transfers in Euro, BankDhofar has received the prestigious 'Straight-Through-Processing (STP) Award 2015' from Commerzbank.

Commerzbank - a leading international commercial bank with branches and offices in more than 50 countries - presents the STP Awards to banks and financial institutions that showcase exceptional quality and meet the highest global standards for automatic processing of international payments in Euro.

The award was handed over to Kamal Hassan Al Murazza, Chief Wholesale Banking Officer, by Ertugrul Goezelel, Commerzbank's Relationship Manager - Dubai Branch, at BankDhofar Head Office with the presence of Abdul Hakeem Omar Al Ojaili, Acting CEO of BankDhofar, Bashir Said Al Subhi, AGM - Treasury & Financial Institutions and Mohammed Iqbal Al Balushi, AGM & Head of Operations & Support Services.

Bashir Said Al Subhi, AGM - Treasury & Financial Institutions at BankDhofar, stressed on the bank's commitment to provide best customer experience and ongoing efforts to ensure high quality in the delivery of commercial payments and financial institutions transfers. 'We have successfully adopted best international practices and established state-of-the-art systems to ensure that our overseas financial transactions are instant, simple and less costly. We have proudly achieved highest quality Euro transactions and recorded 100% Straight-Through-Processing for financial institution transfers in 2015,' he said.

BankDhofar has directed all its efforts and resources to be the best customer experience provider in the financial sector. 'We offer instant and convenient solutions to meet our customers' global trade finance requirements by providing access to the world through a wide network of leading correspondent banks,' added Al Subhi.

Today BankDhofar is considered one of the best banks in the region, catering for customers' needs and requirements, and setting the standards for the best customers experience within the banking industry in the Sultanate through creative solutions and innovation.

(c) 2016 Electronic News Publishing -, source ENP Newswire

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Financials (€)
Sales 2016 8 953 M
EBIT 2016 1 840 M
Net income 2016 797 M
Debt 2016 -
Yield 2016 3,34%
P/E ratio 2016 9,90
P/E ratio 2017 7,82
Capi. / Sales 2016 0,84x
Capi. / Sales 2017 0,83x
Capitalization 7 544 M
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Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 7,67 €
Spread / Average Target 27%
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Martin Zielke Chief Executive Officer
Klaus-Peter Müller Chairman-Supervisory Board
Frank Annuscheit Chief Operating Officer
Stephan Engels Chief Financial Officer
Uwe Tschäge Deputy Chairman-Supervisory Board
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