Com­mer­cial Bank wins two ac­co­lades at in­au­gu­ral Qatar Busi­ness Awards

Gulf Times Business - - BUSINESS -

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

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