In recognition of its leading digital services in the local market, Commercial Bank has won three awards from Global Finance magazine: Best Mobile Banking App, Best Online Cash Management and Best Trade Finance Services – Corporate Digital Banking.
The awards add to the bank’s list of achievements and accolades that reinforce their leadership in digital and transaction banking innovation.
Group Chief Executive Officer Joseph Abraham, said that Commercial Bank is committed to digital innovation to enhance the experience of clients.
Receiving these three awards from a renowned awarding body reflects the strength and breadth of our best-in-class digital products and validates our strategy of investing in innovative technologies. Our goal is to be the Qatari bank of choice for retail and corporate customers and we will continue to roll out new and innovative digital products to make banking easy and convenient.’
The winning banks were selected on the following criteria: strength of strategy for attracting and servicing digital customers; success in encouraging clients to use digital offerings; growth of digital customers; breadth of product offerings; evidence of tangible benefits gained from digital initiatives; and web/mobile site design and functionality.
Commercial Bank has heavily invested in digital technology to make its banking services more convenient for customers, including revamping its Mobile Banking App; launching a first-to-market 60-second digital remittance service which rapidly credits beneficiary accounts in over 30 countries on the same day; and launching more than 430,000 contactless cards with ‘Tap N’ Pay’ technology, reaching over two million transactions for quick and easy purchases.
To learn more about the services offered by Commercial Bank, visit cbq.qa.