Commercial Bank wins two accolades at inaugural Qatar Business Awards
Commercial Bank has won two awards at the inaugural Qatar Business Awards, organised by the Qatar Financial Centre (QFC) as part of its annual networking event.
The awards are designed to recognise and celebrate QFC-licensed firms for their achievements across five distinct categories. Commercial Bank was named the QFC’s ‘Best Partner of the Year;’ the bank also won the ‘Best Customer Relationship Excellence’ award for Commercial Bank Innovation Service (CBIS).
CBIS is a wholly-owned subsidiary of Commercial Bank, responsible for introducing new technologies such as robotics and machine learning to the bank’s operations to improve client experience and risk management. Commercial Bank previously outsourced this innovation and information technology function to India, but established CBIS to bring these important growth drivers back in-house.
“At Commercial Bank we are proud to have won not one but two Qatar Business Awards. The awards are in recognition of Commercial Bank’s QFC entity CBIS, which is deploying the latest world-class technologies to our banking operations and platforms, and hence developing Qatar’s banking industry in line with the economic pillar of the Qatar National Vision. We are very happy to work with and support the QFC in their efforts in providing a platform for companies coming into Qatar, and for recognising QFC companies’ achievements through these awards,” said Joseph Abraham, group chief executive, Commercial Bank.
Commercial Bank has won two awards at the inaugural Qatar Business Awards, organised by the Qatar Financial Centre as part of its annual networking event