Commercial Bank Recognized Best Retail Bank in Qatar 2019

Doha, May 11 (QNA) - Commercial Bank has been awarded the "Best Retail Bank in Qatar for 2019" by the Asian Banker, for the third year in a row. Commercial Bank received the award at the Asian Banker's International Excellence in Retail Financial Services 2019 Awards Ceremony in Kuala Lumpur, Malaysia, refereed by prominent international bankers, consultants, and academics. Commercial Bank Chief Executive Officer Joseph Abraham said that achieving the Best Bank in Retail Banking award for the third year in a row reflects the Bank's investment and confirms its right direction towards strategically focusing on customer experience and innovation. Commercial Bank Executive General Manager Retail Consumer Banking Amit Sah said that the award reflects the Bank's commitment to global standards and the continued pursuit of a superior banking experience for customers. The Commercial Bank has a total asset of QAR 138.7 billion as at 30 September 2018. As a commercial bank, it offers comprehensive banking services, including full range of corporate and retail banking and investment services. It also has the exclusive privileges of Diners Club in Qatar. The Bank's network includes 29 branches offering full services and 174 ATMs. Commercial Bank has high credit ratings from rating agencies, being A from Fitch, A3 from Moody's and BBB + from Standard & Poor's. The Bank is listed on the Qatar Exchange and was the first Qatari bank to list Global Depositary Receipts (GDRs) as well as bonds on the London Stock Exchange. (QNA)