QIIB has been honoured with the ‘Most Innovative Islamic Retail Bank 2021’ – an annual prestigious recognition awarded by the International Finance magazine, a premium business and finance magazine published in the UK with focus on leading banks and financial institutions.
QIIB was selected as an award recipient based on its performance during the past period, which witnessed unprecedented challenges in the global banking landscape.
QIIB holds a prestigious financial position and has a broad customer base, thanks to a suite of products and myriad of services it offers its customers.
The bank’s financial products and services have also seen exceptional growth over the past year, notably across its digital channels, which provided customers with the ability to access banking services at a remarkable level of speed and flexibility. These are in line with QIIB’s efforts and strategy to keep pace with the latest banking technology and market innovations.
On the award, QIIB chief executive officer Dr Abdulbasit Ahmad al-Shaibei, said, "This award is yet another testimony that we are moving in the right direction. This recognition is a true reflection of our response to the requirements and aspirations of our customers in accordance with the best standards adopted in the global banking sector."
He said, "The progress achieved by QIIB during the past period has won the bank praise and appreciation from experts, analysts and key figures in the field of banking. However, the greatest appreciation that we are pleased with is that of our customers, who witnessed a qualitative shift that has taken place in the Bank’s services and products, as well as the mechanism of making these services available, especially in terms of the astonishing progress rolled out in the Bank’s digital channels. Most of our services are made available to customers digitally, without the need to visit our branches, in addition to the speed, efficiency and security provided across our digital channels."
"The awards and certificates of appreciation granted by various local, regional and international entities to QIIB have been reflected on the prestigious status and established position of the Bank with global recognition, mainly with Fitch affirming QIIB an ‘A’ rating with a ‘stable’ outlook in addition to an ‘A2’ rating with a stable outlook by Moody’s," al-Shaibei noted.
He assured that QIIB will continue to move forward with its growth targets and implement its short-term goals and strategic plans in line with the Qatar National Vision 2030, in addition to contributing to the overall growth process achieved by the Qatari economy in various sectors.