Mastercard recognizes Commercial Bank’s Outstanding Performance for its Ultra High Net Worth Customers
28 February 2022
Doha, Qatar – February 28, 2022: Commercial Bank has been awarded by Mastercard in recognition of the Bank's outstanding performance of its Limited-Edition Black World Elite Credit Card, the best-in-class program in the region, designed to address the needs of its ultra-high net worth customers.
Mastercard awarded Commercial Bank the two trophies, for being the 1st in Middle East and Africa, and 3rd in the World in MasterCard World Elite Awards for the year 2021, at a ceremony held at the Commercial Bank Plaza. The awarding ceremony was attended by Amit Sah, EGM and Head of Retail Banking and Roya Khajeh, AGM and Head of Cards and Payments. Mastercard was represented by Gaurang Shah, Head of Product MEA, Nadia Ghissassi, Qatar, Kuwait, Iraq and Oman Cluster Head and Omar Ahmad, Manager, Account Management at Mastercard.
Commenting on the win, Amit Sah, EGM and Head of Retail Banking at Commercial Bank said: “Commercial Bank is deploying unequalled efforts in the cards' innovation field. Our innovation seeks to meet our customers' expectations and ever-changing lifestyles. The MasterCard World Elite awards are a testament that our exclusive offerings appeal to our Limited-Edition customers and indubitably enhance their banking experience, thanks to its state-of-the-art look and feel and worldwide luxurious privileges".
Roya Khajeh, AGM and Head of Cards and Payments at Commercial Bank stated: “Commercial Bank takes pride in its best-in-class cards, particularly in the Limited-Edition Black Card Programme that has been recognized as the region's Best in-class Programme for high net-worth individuals with a loyalty Programme on par with the best in the world. The Limited-Edition Black card is a status symbol with bespoke benefits and exceptional privileges, desired by many, but accessible to a few".
Nadia Ghissassi, Country Manager for Qatar, Oman, Kuwait, and Iraq, Mastercard, said: “We are proud to work with a bank that continues to strive to be a market leader. The cooperation and trust over the past years with Commercial Bank is a testament to their dedication to providing added value for their clients. We are pleased to congratulate Commercial Bank and the whole team on their outstanding performance of its Limited-Edition World Elite Credit Card in Qatar and mark this occasion with a special award to celebrate the strength of our ongoing partnership".
Commercial Bank's distinguished services to its elite clients not only provides unmatched convenience to its cardholders, but also promotes a higher level of innovative banking services and solutions in the Qatari market.
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About Commercial Bank www.cbq.qa
Incorporated in 1974 as the first private bank in the country, Commercial Bank is today one of the leading financial institutions in Qatar with a profitable track record since inception. Commercial Bank continues to play an important role in driving innovation and raising service standards in banking across the region through its investment in new technology, a clear focus on customers and prudent management. Commercial Bank is committed to helping support the development of Qatar's economy and future sustainability in line with the goals of the economic pillar of the Qatar National Vision 2030.
About Mastercard Incorporated (NYSE: MA), www.mastercard.com
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.