Qatar Islamic Bank (QIB) was recently awarded ‘Best Islamic bank in Qatar’ for the fifth consecutive year and ‘Best product launch in the Middle East’ for its corporate mobile app in the 14th edition of EMEA Finance Middle East Banking Awards 2021.
EMEA Finance Middle East Banking Awards recognises the best commercial, investment, and Islamic banks across the Middle East region, as well as brokers and asset managers.
Reinforcing its position as a leader in the banking sector in Qatar, QIB continues to deliver positive profitability growth to strengthen its performance ratios and to improve its market shares.
In the last few years, QIB’s efforts are focused on digitising and improving the banking experience for its customers. QIB is the first Islamic bank in the world to introduce digital end-to-end personal finance products, and the first bank in Qatar to introduce a digital onboarding solution, the ‘instant credit card’, and fully end-to-end digital accounts for domestic workers.
In light of the Covid-19 outbreak, QIB reacted quickly and innovatively launching, among other digital solutions, the QIB Corporate mobile app, offering its SME and corporate customers a safe and convenient way to fulfil their banking needs remotely.
QIB Group CEO Bassel Gamal said: “Over the past years, we have been working hard to digitise our products to enhance the experience of our customers and we are proud to be recognised by EMEA Finance for our continuous efforts. Such awards mark QIB’s sustainable performance, best-in-class and innovative digital products, and our dedication to offering our clients the most convenient, safe, and secure banking experience.”
Gamal added: “Being a customer-centric bank, we have been even closer to all our customers during the last two difficult years of the unprecedented pandemic. We have provided strong support especially to our SME customers, initially through our own initiatives and later by participating in the QDB and QCB stimulus programmes in order to smoothen the Covid-19 negative impact on their business continuity. We are fully committed to supporting all our customers and keep on contributing to Qatar’s economic growth and diversification.”
EMEA Finance is a leading bi-monthly global industry publication which reports on the major financial events initiated and influenced by the international financial industry active in Europe, the Middle East, and Africa.
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