Commercial Bank supports IIF meeting in Doha as Premier Sponsor

Left: Al-Raisi with the Commercial Bank team at the Ritz-Carlton Doha, the venue of the IIF Spring Membership Meeting. Right: Commercial Bank Deputy CEO Colin Macdonald among the panellists at a session on the Mena region.Commercial Bank has supported the Institute of International Finance (IIF) Spring Membership Meeting in Doha as Premier Sponsor, which concluded here on Monday. The high-profile IIF Spring Membership Meeting is a major Mena banking event focusing on current developments in the oil markets and their potential impact on the global economy. The IIF is a leading global association of banks, insurance companies, asset managers, sovereign wealth funds, pension funds, central banks, and development banks from more than 70 countries. As a recognised industry think tank, the IIF is a voice for global financial stability and sustainable economic growth.As one of the first Qatari banks to join the IIF in 2005, Commercial Bank has a close and long standing relationship with the association, assisting with IIF membership growth and sponsoring IIF activities in Singapore and Washington. Commercial Bank senior management attended the IIF Spring Membership Meeting in Doha as well as heads of affiliate; United Arab Bank in the UAE; and Turkey’s Alternatifbank.  Commercial Bank Deputy CEO Colin Macdonald joined the regional financial sector leaders as a panel member in a session on the Mena region.Commercial Bank CEO Abdulla Saleh al- Raisi said: “Commercial Bank actively supports financial initiatives which are relevant to the Qatari and GCC banking sector, and especially those that promote global financial stability. We are therefore delighted to work with the IIF once again and act as Premier Sponsor for the IIF Spring Membership Meeting in Doha.”Institute of International Finance President and CEO Tim Adams said, “The GCC, and Qatar in particular, has become a major centre for global finance and trade. With the recent volatility in global oil markets and continued debate concerning global financial stability, hosting our Spring Membership Meeting in Doha will prove an ideal and timely opportunity for IIF members and public sector officials to discuss these crucial issues to our industry. We thank Commercial Bank for their generous support of this event.”