The Asian Banker, a leading international provider of strategic intelligence on the financial services industry, has recognised Qatar Islamic Bank (QIB) as the “Best SME Bank in Qatar”.
The award is a confirmation of QIB’s commitment to providing tailor made banking solutions covering the specific financial needs of small and medium enterprises (SME’s) and contributing to the growth and diversification of the local economy.
The Asian Banker’s Excellence Awards honour outstanding institutions in financial services that demonstrate a long-term sustainable franchise leading to a consistent and profitable performance.
It recognises financial institutions for their vision, execution capabilities and market leading propositions that make a real impact to the financial sector and its consumers.
QIB’s business strategy is closely tied with Qatar’s National Vision (QNV) 2030 and the government’s commitment to investment in the country’s infrastructure, diversification of the economy, and the development of a strong private sector.
"It is a pleasure to receive such a prestigious award, which truly reflects the hard work and dedication our bank has put forward to support the growth of SMEs and the private sector in the country,” QIB chief executive Bassel Gamal said.
The bank has strengthened its partnership with Qatar Development Bank to support SME's and entrepreneurs, as they are instrumental in bringing innovation to the country, he said.
QIB’s focus on SMEs operating in Qatar is reflected in the bank’s specialised "Aamaly" (meaning “My Business”) proposition, designed to provide tailored products and services to SMEs, offering financial benefits, guidance and advice from specialised relationship managers throughout all the phases of a company’s lifecycle.
To support the SME customers which have been impacted by the current market conditions due to the necessary Covid-19 related restrictions, QIB proactively postponed financial installments and due documentary credits for six months.
The Asian Banker’s Excellence Awards honour outstanding institutions in financial services that demonstrate a long-term sustainable franchise leading to a consistent and profitable performance.
It recognises financial institutions for their vision, execution capabilities and market leading propositions that make a real impact to the financial sector and its consumers.
QIB’s business strategy is closely tied with Qatar’s National Vision (QNV) 2030 and the government’s commitment to investment in the country’s infrastructure, diversification of the economy, and the development of a strong private sector.
"It is a pleasure to receive such a prestigious award, which truly reflects the hard work and dedication our bank has put forward to support the growth of SMEs and the private sector in the country,” QIB chief executive Bassel Gamal said.
The bank has strengthened its partnership with Qatar Development Bank to support SME's and entrepreneurs, as they are instrumental in bringing innovation to the country, he said.
QIB’s focus on SMEs operating in Qatar is reflected in the bank’s specialised "Aamaly" (meaning “My Business”) proposition, designed to provide tailored products and services to SMEs, offering financial benefits, guidance and advice from specialised relationship managers throughout all the phases of a company’s lifecycle.
To support the SME customers which have been impacted by the current market conditions due to the necessary Covid-19 related restrictions, QIB proactively postponed financial installments and due documentary credits for six months.
