Crédit Agricole Egypt (CAE) recently won the JP Morgan Chase bank quality recognition award for outstanding achievements of 2010 and best-in-class Straight Through Processing rates.

With this, CAE has become the one of only three banks in Egypt and four in Egypt and North Africa region to receive the quality recognition awards for payments. This represents less than one per cent of total funds transfer clients of JP Morgan Chase qualified for these awards.

Crédit Agricole Egypt has been able to maintain outstanding STP performance levels for the second consecutive year, a statement said. – TradeArabia News Service