QIB Takes Top Spot at Global Finance "The World's Best Consumer Digital Banks" Awards

Doha, July 31 (QNA) - Qatar Islamic Bank (QIB), took center stage at the Global Finance Magazine Awards for the Best Consumer Digital Banks in the Middle East 2019, where it won three major awards: Qatar's Best Consumer Digital Bank for the second consecutive year, Qatar's Most Innovative Digital Bank, and Qatar's Best Social Media Marketing and Services. The Global Finance magazine, headquartered in New York, is a reputable source for developments in the financial industry. The "World's Best Digital Bank awards" are in their twentieth year and it is the second time they have been introduced to the Middle East. "Five years ago, we envisioned that the future of banking would be one driven to a large extend by accelerated technological change in response to changing customer demands and expectations. Since then, we replaced our core banking system, developed a brand new omni-channel digital platform for both our Retail and Corporate customers and recently embarked on a bank-wide digital transformation of all our key products, services and offerings. While doing so, we have one single objective in mind; to make banking simpler, faster and better for our customers" QIBs Group CEO, Bassel Gamal said. Gamal added: "Thus, we are transforming to a real 24x7 institution, offering our customers the possibility to perform the majority of their daily banking needs through our mobile app and internet banking, anytime, from anywhere, without the need to visit a branch. Having introduced a number of new innovative services for the first time in Qatar, we are much honored that QIB's digital leadership is recognized by the internationally acclaimed Global Finance's "World's Best Digital Bank" Awards". Winning banks were selected based on the following criteria: strength of strategy for attracting and servicing digital customers, success in getting clients to use digital offerings, growth in numbers of digital customers, breadth of product offerings, evidence of tangible benefits gained from digital initiatives, and web/mobile site design and functionality. Winners were chosen among entries evaluated by a world-class panel of judges at Infosys, a global leader in consulting, technology and outsourcing. These awards were presented to QIB for being the leader in innovation and digital banking in Qatar, reflecting QIBs continuous efforts to strengthening the digital ecosystem in the country. (QNA)