CPI Financial report also ranks al khaliji as 25th regionally in performance
Al Khalij Commercial Bank (al khaliji) Q.S.C is 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: 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 amongst 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 were presented their 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," continued Robin McCall. "It is by keeping this strategy at the heart of everything we do 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."
For more information about the bank's award-winning innovative products and other news, please visit www.alkhaliji.com.
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About al khaliji
al khaliji is Qatar's pioneer 'next generation bank' offering a full range of conventional banking products and services to retail, business, corporate and institutional customers in Qatar, the U.A.E and France.
Headquartered in Doha, al khaliji is one of Qatar leading banks and a member of the Qatar Exchange Index, with QR 22.01 billion in total assets and QR 9.64 billion in customer deposits as of 31 March 2011.
At al khaliji we believe that success lies in the financial security and development of people to enable them to sustain a prosperous life. Our products and level of service reflect our belief that to be successful, we must meet the needs of both this generation and future generations of employees, customers, investors and business partners.
al khaliji's strategy does not simply focus on profitability and increasing market share: it also strives to contribute to the financial sector's sustainability in the markets where the Bank operates.
Al Khaliji France is our subsidiary in Paris, France with a network of branches in the UAE covering Dubai, Sharjah, Ras Al Khaima, and Abu Dhabi. This branch network offers customers and businesses the opportunity to expand and grow across the region and throughout Europe.
Visit www.alkhaliji.com and www.alkhaliji.frto discover the latest 'next generation banking' news and information.
Media Contact:
Abeer Al Kalla
Head of Public Relations & Communications
Telephone: + 974 4494 0646
Email: aalkalla@alkhaliji.com
© Press Release 2011
