QCB Governor meets with HSBC Bank regional CEO
Governor of Qatar Central Bank (QCB) Sheikh Bandar bin Mohammed bin Saoud Al Thani on Tuesday met with Stephen Moss, the Regional Chief Executive Officer for the Middle East, North Africa and Turkey of HSBC Bank, who is currently visiting the country. During the meeting, the two sides reviewed the latest developments in the […]
QNB First referral campaign: One Million Life Rewards pts awarded
QNB, the largest financial institution in the Middle East and Africa, announced the winner of the 1 Million Life Rewards points as part of its QNB First members referral campaign, valid until the end of May. The winner for the month of April, Mohammed Qambar, was awarded with 1 million Life Rewards points in the […]
Dukhan Bank wins award for innovation in mobile banking from Global Finance
Dukhan Bank has won the Outstanding Innovation in Mobile Banking from Global Finance in The Innovators 2022 Awards for its mobile banking application ‘Dukhan Mobile’, which provides an easy and convenient banking experience for customers. In its tenth edition, Global Finance’s annual awards programme recognises corporate entities and organisations that regularly identify new paths and […]
‘GCC banks’ exposure to cyber risk is manageable’
Banks in the Gulf Cooperation Council (GCC) are managing their exposure to cyber risk effectively, including through investment in digital security, S&P Global Ratings has said in a report published on Tuesday. S&P Global Ratings believes GCC banks’ exposure to cyber risk is manageable, assuming they continue to invest in cyber security and proactively manage […]
QIB names second millionaire winner in latest edition of Misk Account Draw
Qatar Islamic Bank (QIB) has announced the second millionaire winner of its Misk Account draw. Mubarak Mosmar Al-Jassim received QR1 Million at the fifth edition of QIB’s Misk Account Draw, becoming the second millionaire of the year. The lucky winner was selected randomly in a draw that took place in the presence of official representatives […]
Thara’a draw: May winners announced
Dukhan Bank customers Khalifa Alhussaini and Aljazi Al Adbah have won QR10,000 each in the latest round of the bank’s Thara’a raffle draw, which also saw several others winning QR5,000 each. Thara’a is the bank’s Shariah-compliant savings account, which rewards its customers through raffle draws held on monthly, quarterly and annual basis. The monthly draw […]
QIB wins 4 awards from Digital Banker Magazine
Qatar Islamic Bank (QIB) is pleased to announce its recognition with four prestigious awards at The Digital Banker’s – Middle East and Africa Innovation Awards 2022, and Digital Customer Experience Awards 2022 – for its outstanding leadership in digital innovation. QIB was awarded “Best Bank for Cash Management” and “Outstanding Account Opening and Onboarding Initiative […]
Dukhan Bank’s Q1 profit rises 47% to QR392 million
Dukhan Bank on Wednesday announced that the bank’s net profit increased 47 percent to QR392 million in the first quarter of 2022 compared with the same quarter of the previous year. In the first three months period of 2022, the bank’s total assets exceeded QR108 billion and the total financing assets rose to QR75 billion, […]
QIIB to use SAP SuccessFactors solutions for its HR management
With an aim to complete the digital transformation process in the various departments of the bank and enhance operational efficiency, QIIB announced that it will start implementing ‘SAP SuccessFactors’ solutions, an advanced system for human resources management, thus operating 100% digitally. The new system enables dealing with all the employees’ needs and managing their data […]
Assets of Qatari banks rise 0.8% to QR1.83 tn in March: QNBFS
Total assets of banks in Qatar increased by 0.8 percent month-on-month (MoM) in March 2022 to reach QR1.832 trillion, QNB Financial Services (QNBFS) has said in a report released on Monday. In its monthly banking sector update, QNBFS said the loan book of Qatari banks increased by 0.4 percent MoM, while deposits went up by […]