QIIB is optimistic of achieving the targeted growth this year as the “market looks promising”, said bank chief executive officer Dr Abdulbasit Ahmad al-Shaibei.
QIIB’s new branch was inaugurated at Ezdan Mall-Al Wakrah by bank chairman and managing director Sheikh Dr Khalid bin Thani bin Abdullah al-Thani on Friday.
Students from Qatar Academy spent a “professional day” at QIIB headquarters at Grand Hamad Street, where they learned about the various aspects of Islamic banking, banking operations, and bank's services and products.
QIIB has conducted an emergency evacuation drill at its main branch on Grand Hamad Street, enacting a virtual fire scenario in the presence of the Civil Defence and Emergency Medical Service personnel.
The change of QIIB's outlook to "stable" is based on the operational environment flexibility in Qatar.
Umnia Bank will have 10 branches in Morocco by July-end, said Abdulbasit Ahmad al-Shaibei, chief executive officer of QIIB, which is the key joint venture partner in the pioneering Islamic bank in the North African kingdom.
The strength of Qatar’s economy and the robustness of its banking sector were proved beyond doubt yet again with normal business activities being resumed within 24 hours of the blockade on the country imposed by its neighbours, said Abdulbasit Ahmad al-Shaibei, QIIB chief executive officer.
QIIB has announced two special offers in relation to personal and vehicle finance to coincide with the holy month of Ramadan.
QIIB has announced that leading international credit rating agency Moody’s has affirmed the bank’s rating at ‘A2’ with a ‘stable’ outlook.