Al-Meer: Winning this Award Confirms Our Leadership in Corporate Banking Services

QIIB was awarded the Excellence and Banking Achievement Award for Islamic Corporate Banking Services in Qatar at the 2024 Banking Excellence and Achievement Awards Ceremony, organized annually by the World Union of Arab Bankers (WUAB).

Mr. Omar Abdulaziz Al-Meer, Chief of Corporate Sector at QIIB, received the award on behalf of the bank during the ceremony, which was attended by senior officials and a distinguished group of representatives from the Arab and international banking and business sectors.

The World Union of Arab Bankers highlighted that the award was granted to QIIB based on several key achievements. Notably, the bank has made significant strides in recent years by developing innovative services and products tailored for its corporate clients. QIIB introduced groundbreaking services to the Qatari banking sector for the first time, which have notably strengthened its market position and contributed to advancing innovation in Islamic banking, both locally and globally.

Commenting on QIIB’s receipt of the award, Mr. Al-Meer stated “We are extremely pleased to have been chosen for this award, which reflects the progress made by QIIB in one of our core sectors, corporate banking. This achievement is a testament to the successful implementation of the strategy approved by QIIB’s Board of Directors and implemented by our executive management team, leveraging all the strengths available in the banking market.”

He also added: “Winning this award reflects the significant progress we’ve made over the past period, as it is the result of cumulative work, the results of which are reflected in growth figures, an expanding customer base, and strong satisfaction with the services and products we offer. Additionally, it highlights our advancement in digital transformation, where we’ve made great strides and continue to work towards remaining at the forefront in providing the best and most suitable solutions for our corporate clients.”

The Chief of Corporate Sector also reminded: “Not long ago, the QIIB was honored with the 2024 Excellence Award for Corporate Payment Solutions from Visa, in recognition of its leadership in corporate payment services. QIIB became the first bank in Qatar to offer a debit card specifically for small and medium-sized enterprises (SMEs), providing advanced, convenient payment solutions with unique benefits that deliver added value to our customers. Additionally, QIIB launched its own digital platform for issuing letters of credit, enabling clients to complete the process without the need to visit the bank. This service positioned QIIB as the first bank in Qatar to introduce such a solution.”

Mr. Al-Meer noted that QIIB is reaping the rewards of its long-term strategy across various sectors, including corporate banking, where it has invested in innovation, technology infrastructure, and partnered with top-tier experts to implement the best global banking standards. These efforts have played a key role in QIIB’s prestigious position in the market.

He also expressed gratitude to the World Union of Arab Bankers for awarding QIIB the Excellence in Corporate Banking Services award and for the objective criteria they applied in recognizing QIIB’s achievements. He emphasized that QIIB will continue working to maintain its leadership and enhance its various performance indicators.