International Bank of Qatar (IBQ) has been recognised by Banker Middle East as “Best Private Banking Service” during the 2014 Banking Product Awards in recognition of the lender’s “unrivalled private banking services.”
IBQ managing director Jabra Ghandour said, “We are very proud to have received this significant award. Being recognised by Banker Middle East serves to underline our private banking excellent offerings for private wealth management services. It also highlights how IBQ is fully-equipped and focused on providing the best banking customer service and financial expertise to HNWI (high net worth individual) and ultra HNWI in Qatar.”
The Banker Middle East Awards is among the important recognitions for the financial services industry in the region. The 2014 awards were designed to reward quality and excellence in financial products and services.
“Since inception, we, at IBQ, have built a name for bringing to the market a unique combination of tradition, innovation, and most importantly prudence in portfolio management. We have developed enduring and long-lasting relationships with our clients for more than 50 years,” Ghandour said.
He added, “Offering them access to high-quality services from a trusted and reliable partner means that we have been perfectly positioned to help them meet their financial and wealth management objectives.”
With a tailor-made suite of banking and wealth management services, IBQ’s Private Banking has maintained its position as a pioneering Qatari bank. Its long-standing legacy within the local high net worth and ultra-high net worth community dates back to 1956.
Chaouki Daher, DGM and head of private banking at IBQ said, “This is a major milestone for IBQ private banking. At the private banking division, we pride ourselves on our core values of privacy, confidentiality, and integrity. Being one of the oldest banks in Qatar, we are able to offer unparalleled levels of know-how and experience to our valued clients whom we’ve been serving for generations.”
IBQ’s track record was recognised by many recent awards, including the “Private Bank of the Year 2014” in Qatar by the International Banker. For two years in a row, the Qatari lender also received Euromoney’s award for the “Best Private Bank for Privacy and Security in Qatar 2013.” In 2012, IBQ was also awarded by Euromoney for “Best Private Banking Services for HNWI and UHNWI” in Qatar.