QIIB bags 2 prestigious awards from World Economic magazine

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By Arya M Nair, Content Head
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QIIB has been honored with two prestigious awards from the US-based World Economic magazine: ‘Best Bank for Digital Transformation Qatar 2025’ and ‘Best Retail Bank Qatar 2025’.

The awards serve as a recognition of QIIB’s leadership in the highly competitive and robust Qatari banking sector, which continues to demonstrate excellence both regionally and internationally.

World Economic Magazine noted that, “QIIB has efficiently responded to market demands and technological advancements, achieving a remarkable digital transformation within a record timeframe. The bank has set high standards in providing digital banking services, optimizing operational efficiency through advanced digital channels. QIIB continues to uphold exceptional flexibility, robust security measures, rapid responsiveness, and seamless 24X7 access to banking services.”

The magazine stated that, “QIIB has earned the title of the ‘Best Retail Bank in Qatar for 2025’ having delivered exceptional value-added services to a broad customer base. The Bank has effectively expanded its retail banking operations through increased innovation, attractive products and services, and competitive cost structures for customers. This success is reflected in QIIB’s outstanding retail banking activities and its strong performance across both digital and traditional banking channels.”

Dr Abdulbasit Ahmad al-Shaibei, Chief Executive Officer of QIIB, stated that, “We are delighted to receive this recognition, which reflects the positive impact of our banking services on our customers’ lives, whether through our digital or traditional channels. These two awards are a reflection of our continuous hard work and the substantial investments we have made across various banking sectors. Our focus has been on innovation, efficiency, and keeping pace with global banking technological advancements. In many instances, we have been pioneers in introducing groundbreaking services and products in Qatar.”

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