- Commercial Bank of Qatar maintained its solid financial growth and market share among peers
- The bank has always been in the forefront of providing innovative solutions to customers
- The bank was the first to launch a complete contactless ecosystem in Qatar
Dubai, March 21st, 2019 - Commercial Bank of Qatarwas awarded Best Retail Bank in Qatar at The Asian Banker International Excellence in Retail Financial Awards 2019. The awards ceremony was held in conjunction with The Excellence in Retail Financial Services Convention 2019at Conrad Dubai, U.A.E on March 21st, 2019.
Commercial Bank of Qatar maintained its solid financial growth and market share among peers
The bank realized its solid income contribution from non-asset portfolios, net interest margins and operating income. Revenues of the bank grew by 14.5% in 2018 and the compound annual growth rate (CAGR) reached 10% in last 3 years. Cost to income ratio reduced in line with the bank’s five year target from 46.1% in 2017 to 36.1% in 2018. Market share of its retail banking customers is consistent at around 35%.
The bank has always been in the forefront of providing innovative solutions to customers
The bank’s continous innovations on its retail banking products aim to provide extremely customer friendly experience to customers. The bank has 122 innovations on the mobile and intenet banking platforms and Commercial bank app is the only banking app in Qatar catering to three different customer segments including retail customers, payroll customers and SME customers. Commercial bank mobile app is an integrated one-stop shop for all customers financial requirements. Enhancements and improvements to the mobile banking platform are finished on a monthly basis...
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- Commercial Bank of Qatar maintained its solid financial growth and market share among peers
- The bank has always been in the forefront of providing innovative solutions to customers
- The bank was the first to launch a complete contactless ecosystem in Qatar
Dubai, March 21st, 2019 - Commercial Bank of Qatarwas awarded Best Retail Bank in Qatar at The Asian Banker International Excellence in Retail Financial Awards 2019. The awards ceremony was held in conjunction with The Excellence in Retail Financial Services Convention 2019at Conrad Dubai, U.A.E on March 21st, 2019.
Commercial Bank of Qatar maintained its solid financial growth and market share among peers
The bank realized its solid income contribution from non-asset portfolios, net interest margins and operating income. Revenues of the bank grew by 14.5% in 2018 and the compound annual growth rate (CAGR) reached 10% in last 3 years. Cost to income ratio reduced in line with the bank’s five year target from 46.1% in 2017 to 36.1% in 2018. Market share of its retail banking customers is consistent at around 35%.
The bank has always been in the forefront of providing innovative solutions to customers
The bank’s continous innovations on its retail banking products aim to provide extremely customer friendly experience to customers. The bank has 122 innovations on the mobile and intenet banking platforms and Commercial bank app is the only banking app in Qatar catering to three different customer segments including retail customers, payroll customers and SME customers. Commercial bank mobile app is an integrated one-stop shop for all customers financial requirements. Enhancements and improvements to the mobile banking platform are finished on a monthly basis...
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