DOHA: Al Khalij Commercial Bank (alkhaliji) Q.S.C has been named the fastest-growing bank in the country and one of the top in the region, according to a report by CPI Financial, a UAE-based banking research institute.
In their second banking survey that covers eight regional countries, including the GCC, Jordan and Lebanon, CPI Financial rated al khaliji as the 25th best performing bank out of the 158 surveyed. In addition, al khaliji was rated the number one growing bank in Qatar in three areas, including growth in return on assets, growth in total income and growth in net profit.
"We are extremely delighted at the results of the second CPI Financial survey," said Robin McCall, al khaliji's Group Chief Executive Officer. "This is yet another testimony to the effectiveness and success of our wholesale-led, customer-focused strategy. The bank was established only four years ago, so to be awarded three independent awards among our industry peers is a source of great pride to us all."
CPI Financial was established in the Middle East in 1999 to meet the needs of an ever expanding, increasingly sophisticated financial community, offering a comprehensive portfolio of market-leading products and services tailor-made for the banking and financial sector.
CPI Financial is the Middle East's leading financial publisher.
al khaliji was presented the awards at the prestigious Banker Middle East Industry Awards 2011 ceremony which took place in Dubai recently. "This award only encourages us to continue with our successful strategy," said Robin McCall.
"It is by keeping this strategy at the heart of everything we do that has enabled us to develop innovative products and unrivalled customer service targeting our chosen wholesale, business and consumer banking customers that has resulted in this growth and the bank's success."
© The Peninsula 2011
