Qatar’s leading financial entity, Commercial Bank has enhanced its market leadership with the “Best Cash Management and Transaction Bank in Qatar” accolade for 2021 from The Asian Banker.
The Asian Banker recognizes achievements in the key business and operational areas of the financial services industry. The purpose of these awards is to recognize annual achievements and winners in the competition for market share, product and operational excellence.
Relying on innovative technologies and state-of-the-art services, Commercial Bank offers its corporate customers a full range of cash management products and services such as Corporate Internet Banking, remote cheque deposits, and remittances and payment transactions.
“Taking into consideration the challenges we faced during the past two years, Commercial Bank has leveraged on its digital strategy by promoting its previously established digital services and launching new ones. Our cash management products have allowed customers to make the most of their seamless banking experience. Commercial Bank also provides corporate customers with a full range of cash management products and services that add value to their businesses and to maximize the yield on their idle cash balances.”
The Transaction Finance Awards, previously called The Transaction Banking Awards, evaluate financial institutions’ achievements in cash management, payments, and trade finance.
The winners are determined through a combination of surveys, interviews, and field research by the Asian Banker’s research staff. The research findings are published in a neutral manner, with a scorecard outlining how the different domestic and global players feature in them.