Al Khalij Commercial Bank (al khaliji) PQSC won the ‘Al Dhameen Best Customer Satisfaction  Award’ for 2018 by Qatar Development Bank (QDB) for the second consecutive time, in recognition of its relentless support to local entrepreneurs and small and medium enterprises (SME) in the country.

al khaliji awardal khaliji claimed the coveted title along with other high profile financial institutions, during a gala dinner ceremony that was held at the City Centre Rotana Doha, in the presence of the Governor of Qatar Central Bank Sheikh Abdulla Bin Saoud Al Thani, QDB Executive Director of Business Finance Khalid Abdulla Al Mana, Al Dhameen Manager Jawaher Humaid Al Noaimi and other VIP guests.

Fahad Abdulla Al Khalifa, Group CEO at al khaliji, said the honour crowns the great accomplishments and achievements of their strategic partnership, which he said, aims to serve the Qatari economy and help develop the SME sector of the country.

We are very pleased to sponsor creativity and innovation in the local economy and are particularly delighted to support QDB projects spearheaded by the ‘next generation’ of Qatari youth. While we support these new ventures with funding, we also engage closely with them to share our knowledge and skills to enable them to develop their business to its full potential.’

Al Khalifa further said that QDB’s unique initiatives are among the most important factors that boost SME activities and growth.

QDB and al khaliji view the development of the indigenous private sector as a priority objective, and we expect the SME sector to pay an increasingly important role in Qatar’s economy into the future.  Our joint approach is aligned with the Qatar National Vision 2030 to achieve economic diversification. We look forward to continually strengthen our close partnership with QDB to encourage and facilitate the development of this important sector.’

Al Dhameen is an indirect loan facility established by QDB to guarantee commercial bank loans to private sector companies, as a way of assisting SME  that show components of success with limited credit history or lack of collateral to obtain access to funds, for establishing or growing their businesses.

The programme supports businesses in the manufacturing, education, tourism, and healthcare sectors in launching their SME ventures, while effectively contributing to the realisation of Qatar National Vision 2030 through investing in the country’s economic growth and diversification.

The award garnered by al khaliji reaffirms the bank’s commitment to supporting the local SME and innovative entrepreneurs in Qatar, as part of its broader efforts to effectively contribute to the economic diversification of the country.

More information about the programme and its terms and conditions available on al khaliji’s official website, or through the bank’s call centre at 4494 0000.