Adding a new award to its recent accolades, Commercial Bank has received the “Best Digital Bank” award in Qatar for 2021 by AsiaMoney Magazine for the second year in a row.
AsiaMoney Magazine has been the voice of the banking and capital markets industries in Asia for nearly three decades.
The nomination of institutions for the banking awards follows a thorough and transparent process, whereby AsiaMoney surveys the market to generate rankings and data that form a benchmark for the industry in Asia.
As a pioneer of the digital innovation scene in the country and the region, and more particularly in the financial and banking sector, Commercial Bank never ceases to launch state-of-the-art banking services and products in the market to accommodate both its retail and corporate customers.
Commercial Bank Group Chief Executive Officer Joseph Abraham said, “This award reflects our best-in-class digital products and the success of our strategy of investing in innovative technologies. These digital products and services are even more relevant for our clients given the impact of Covid-19 on face-to-face interactions. We will continue to introduce new digital innovations that enhance the experience of our customers.”
In 2021 Commercial Bank has again demonstrated its ability to adapt to change and invest in technology as a means to provide its customers with the majority of their banking needs through its digital channels and award-winning mobile application.
Commercial Bank has been the first to deliver several new and innovative digital banking services in the market such as, ‘CB Pay’, ‘CB Pay for Merchants’, in addition to launching a new digital feature that enables payment through wearables.
Commercial Bank’s focus on innovation and its pioneering role in Digital Banking innovation have earned the Bank a number of prestigious awards in 2021, including the ‘Best Bank’ award in Qatar from both Euromoney and Global Finance.
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