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Commercial Bank’s SME Credit Card wins top award

16 January 2017

​Doha, Qatar: Commercial Bank, Qatar’s first private bank, is proud to announce that its Visa Signature Credit Card for SMEs has been awarded the “Best SME Credit Card” from The Banker Middle East, a leading regional financial magazine.
 
Commercial Bank’s Visa Signature Credit Card for SMEs is a new product launched in October, and is the Bank’s first Credit Card which is tailored specifically to address the needs of Qatar’s growing SMEs. The Visa Signature Credit Card for SMEs helps Enterprise Banking customers to differentiate between business expenses and personal expenses, which has been identified as one of the main challenges that business owners face when using a card for payment.
 
The new Credit Card can be used for all government and business related transactions and its key features include cash back up to 2% on purchase transactions; complementary unlimited access to over 650 airport lounges worldwide; free corporate liability waiver insurance; free multi-trip travel insurance, purchase protection and extended warranty. Cardholders also enjoy exclusive discounts at merchant outlets in Qatar to help pay for business expenses such as office furniture, computers, stationary, and courier services.
 
The Banker Middle East Awards are held each year to recognise businesses in the region that have excelled in providing exceptional levels of customer service and innovation across a range of sectors, from basic banking products to high-end investment services.
 
Joseph Abraham, Commercial Bank CEO said: “We are delighted to receive this prestigious award for the Commercial Bank Visa Signature Credit Card, created to support SMEs in line with the Qatar National Vision 2030. As the Qatari bank of choice for SMEs, we will continue to provide pioneering and innovative banking products and services to meet the needs of this growing and vital segment of the economy.”