Commercial Bank titled as ‘Best Bank in Qatar’ by Euromoney

By Shilpa Annie Joseph, Official Reporter
  • Follow author on
Commercial Bank
Representational Image

Qatar’s leading financial entity Commercial Bank has secured the “Best Bank in Qatar for 2021” award from the prestigious financial magazine, Euromoney.

Founded in 1975, Commercial Bank is a private sector bank that offers a range of products and services across retail and corporate banking divisions. The bank’s services support individuals, the public sector and companies of all sizes in Qatar and internationally as well as make strategic investments through its associates and subsidiaries​.

According to Euromoney, “Commercial Bank stood up to be counted in a tough year in 2020, with the strong performance of the Bank carrying through into 2021.”

Joseph Abraham
Joseph Abraham
Group CEO
Commercial Bank

“This award is a testament to our continuing and successful investment in innovative digital technologies that focus on our customers’ changing banking needs in the digital age. The COVID pandemic presents both a challenge and an opportunity to demonstrate resilience and provide our clients with world-class banking services, particularly in the digital field. The investment we have made in our business under our five-year strategic plan means that Commercial Bank is able to swiftly adapt to the new operating environment and is well placed to capture the fundamental shift in customer behavior towards digital channels. I would like to thank our clients for their continued loyalty to Commercial Bank and our staff for their dedication and innovation in this challenging year.”

Commercial Bank’s commitment to innovation and its leading role in Digital Banking has helped to achieve the “Best Bank” award in Qatar from the Global Finance earlier this year, as well as Qatar’s “Most Innovative Customer Service Bank” title from International Finance.

The Commercial Bank continues to lead the digital banking scene in Qatar and provide state-of-the-art goods and services to the Qatari market, as evidenced by this new award and its recent honors and success stories.

Related: HSBC wins big at 2021 Euromoney Middle East Awards