Doha: Qatar Islamic Bank’s (QIB) best-in-class services have been recognized with two prestigious awards at The Asian Banker Middle East and Africa Regional Awards 2021, a leading international provider of strategic intelligence in the financial services industry.

QIB was named ‘Best Retail Bank’, and ‘Best Digital Bank’ in Qatar, during the official Virtual Ceremony for The Asian Banker Middle East and Africa Regional Awards 2021.

Both awards reflect QIB’s continuous efforts to develop its existing product suite and create innovative financial solutions that meet the ever-changing needs of its customers. The awards are also a testament to QIB’s successful growth strategy, which is focused on customers’ needs and finding solutions that offer customers convenience and a simple banking experience.

This year, The Asian Banker has redefined categories, introduced new scorecards and widened the programme to include additional alternative providers to reflect the rapid transformation the financial industry is witnessing. The programme is now further complemented by BankQuality.com, a premier rating site by The Asian Banker, where customers can rate and comment on their banking experiences. The Asian Banker has also launched a series of online surveys across the region to gather feedback from customers on their engagement, experience, and satisfaction with their main retail banks.

Commenting on this recognition, Mr. D. Anand, QIB’s General Manager – Personal Banking Group said: “We are delighted to be recognized alongside prominent members of the global banking and finance community. This is a testament to the significant progress QIB has made in establishing itself as a leading banking institution in the Middle East while maintaining its leadership position in Qatar.”

QIB has showcased steady financial growth over several years and has been setting a benchmark for Islamic banks in the region with its embrace of cutting-edge banking technologies, as well as its customer-centric approach to both its product offering and the overall banking experience.

In 2020, QIB has excelled in upgrading its digital banking channels, namely the QIB Mobile App with its 100+ features and services. QIB launched new digital products exclusively via the Mobile App to improve the banking experience of its customers, including the Domestic Workers Digital Accounts, the Digital Direct Remit Service, and the mPay digital wallet. The bank also continued offering its retail customers the fastest and most secure ways to remotely fulfill their banking needs, including opening a bank account, getting a personal financing, or issuing a Credit Card via the QIB Mobile App.

Being the first bank in Qatar to introduce end-to-end digital products via its Mobile App, such as Instant Finance, Instant Credit Card, Digital Onboarding, and the Domestic Workers’ Digital Account, QIB continues to service its customers in the fastest, safest, and most convenient way. Through QIB’s award-winning Mobile app new customers can open their first account and existing customers get personal financing or a Credit Card in few simple steps.

The Excellence in Retail Financial Services programme honours outstanding institutions in retail financial services that demonstrate a long-term sustainable franchise leading to consistent and profitable performance. It recognizes financial institutions for their vision, execution capabilities and market leading propositions that make a real impact to the financial sector and its consumers.

-Ends -

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.