Commercialbank formally opened its 34th branch at Umm Lukhba in Doha last night. The new state-of-the-art branch, which is located next to Landmark Mall, has been set up as part of the bank’s ‘commitment’ to increasing its presence across Qatar. The opening of the new branch was held at a well-attended ceremony. Commercialbank Managing Director Hussein Alfardan officially opened the branch in the presence of Sheikh Ahmed bin Nasir bin Faleh al-Thani, Sheikh Jabor bin Ali bin Jabor al-Thani and Omar Alfardan, all directors, and Andy Stevens, Group CEO. The new branch, which will offer an extensive line of products and services, through highly qualified customer service representatives, is a significant step in the refocus of Commercialbank’s retail network and is expected to add further momentum to the already burgeoning banking sector in the country.The new branch will offer a full array of retail banking products and services including loan and overdraft facilities, credit cards, deposit products, savings accounts, remittance services, investments, insurance as well as high net worth services. Another feature at the branch is an ‘exclusive lounge’ for Diners Club International customers’ where they will be offered a ‘complete range’ of finance management solutions.In addition, a separate section is wholly dedicated to Sadara services, offering customers’ wealth management and exclusive one-to-one relationship banking reserved for the ‘privileged few’.The business hours for the branch are 7.30am to 1pm, Sunday through Thursday.Stevens said, “Our expansion and continued growth in Qatar is a testament to our unwavering commitment to the country and is part of a strategic vision that has long recognised Qatar as an important part of the global economy and financial sector. The opening of this branch is of significant strategic importance to the bank. “By being physically close to our growing retail customer base it will allow us to serve them better while increasing our presence in this thriving market. We are evolving our branch network to meet our clients’ needs by creating a personalised banking experience that is informative, friendly and accessible. We will continue to provide the high level of service that our customers have always experienced at Commercialbank, and we will do so in state-of-the-art facilities.”Abdulla Mohamed Abdulrahman al-Meer, Commercialbank Umm Lukhba branch manager said, “We are confident our customers will benefit from the personalised service and advice and we are confident that we will make their banking experience a pleasant one. I look forward to building lifelong relationships in our community by helping people and their businesses achieve their goals. “Additionally, I look forward to working with our team to provide exceptional service to our customers. At Commercialbank, we are committed to creating unique banking solutions that best fit our customers’ evolving needs. We see the branch as a critical part of our distribution network which symbolises the continued community presence of Commercialbank, offering world-class products and services in a spacious and convenient location.”Commercialbank said it plans to eventually add more locations in the market and will continue to invest in its branch network, recognising the need for excellent customer service, a broad product range and strong infrastructure to support future growth.