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Qatar Islamic Bank wins Best Bank in the Middle East award

 The Asian Banker magazine awarded Qatar Islamic Bank the “Best Small and Medium Enterprises Bank in the Middle East” award; In recognition of the bank's commitment to providing seamless banking solutions to companies and its strategic role in diversifying the economy.


And according to what was reported by the Qatari newspaper, “Al-Sharq”, on Monday, the bank’s interest in supporting small and medium enterprises in Qatar is mainly reflected through the “My Business” program, which is specifically designed to meet the needs of this important sector, providing it with advanced and innovative financial solutions, and with financial and banking guidance and advice provided through relationship managers. To manage customer needs.


The bank is the first Islamic bank to launch a corporate application, which allows institutions and small and medium-sized companies to fully control their accounts and manage their banking needs remotely, without the need to visit any of the bank’s branches.


The bank also took proactive steps to the economic effects of the Covid-19 pandemic, especially on small and medium companies, by postponing financial installments for small and medium companies and then participating in the national guarantees program to respond to the repercussions of Corona.


Commenting on winning this prestigious award, Tariq Fawzy, General Manager of Corporate Banking Group, said: “We are delighted to receive this prestigious award from The Asian Banker, which crowns the bank’s hard work and dedication in supporting the growth of SMEs in Qatar.”


"We are committed to continuing to develop our digital channels to meet the growing expectations and ambitions of our customers," he added.


The business strategy adopted by the bank is closely aligned with the Qatar National Vision 2030, and the country's efforts to invest in the country's infrastructure, diversify the national economy, and develop a strong private sector in Qatar.


In recent years, the bank has also strengthened its cooperation with Qatar Development Bank to support small and medium-sized companies and entrepreneurs, given their pivotal role in promoting business innovation within the country.


The Asian Banker magazine, the leading global source of strategic information in the field of financial services, honors institutions of excellence in financial and banking services that reflect sustainable long-term excellence that leads to consistent and profitable performance, as well as financial institutions for their vision, implementation capabilities and pioneering solutions that make a tangible impact on the sector Finance and its clients.

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