Double-Award Win for Commercial Bank
11 November 2019
Doha, Qatar: For the fourth year in a row, Commercial Bank, Qatar’s first private bank, has once again won two awards at The Asian Banker’s Banking Awards 2019, Middle East and Africa: “Best Cash Management Bank in Qatar” and “Best Transaction Banking service in Qatar” in 2019.
Despite increasing competition in the market, Commercial Bank keeps on pioneering innovation and financial solutions in the country, and has maintained its edge. The double-award win rounds off a momentous year for the Bank, and testifies to its strong and comprehensive cash management solutions and well-built strategy in banking services.
As the most rigorous, prestigious and transparent annual awards programme in the region, The Asian Banker recognises every year, leadership in the cash management, trade finance and payments industries amongst international financial institutions in Asia Pacific, the Middle East and Africa. Judged by an international board of advisors, applicants are subject to a stringent assessment process.
Commenting on the double-award win, Raju Buddhiraju, EGM - Head of Wholesale Banking said: “We take pride in claiming two awards for the fourth consecutive year. Commercial Bank is playing a major role in shaping the banking and financial ecosystem of the country by embedding innovation in its operating systems and strategy, and introducing cutting-edge technologies in the market.”
The awards for “Best Cash Management Bank in Qatar” and “Best Transaction Banking service in Qatar” in 2019 add to several recent awards that underline Commercial Bank’s five-year strategic plan and market-leading services and solutions.