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Ahli Bank Awarded Best Commercial Bank In Qatar

by Yomna Yasser

Ahli Bank QSC has been awarded “Best Commercial Bank in Qatar” at the prestigious Arabian Business Qatar Awards 2012.

The Arabian Business Qatar Awards, which was attended by numerous CEOs and executives of Qatar’s top businesses, are held annually and regarded as a premier event in the regional business calendar. The awards celebrate the very best in business achievement both on a corporate and individual level.

The award comes in recognition of Ahli Bank ‘s continuous commitment towards providing excellent services to its banking clientele, and its vision to implement international best practices to ensure the delivery of trusted commercial banking services. Ahli bank recently received the ‘Best Commercial Bank in Qatar’ by leading international finance magazine World Finance.

Ahli Bank ‘s success was announced at the Arabian Business Qatar Awards 2012. Moataz El Rafie, Chief Executive Officer at Ahli Bank said: “Being recognized ‘Best Commercial Bank in Qatar’ demonstrates our hard work and commitment in our offerings while maintaining our customer’s trust. This award couldn’t be achieved without our shareholders, Board of Directors and customer’s loyalty and trust.”

El Rafie further added: ” Ahli Bank continues to perform strongly whilst continuing with our robust business model. Our aim is to deliver long term sustained quality performance with the highest quality service and we continue to focus on playing our part in the development of this great country.”

Established in 1983, Ahli Bank has a strategic partnership with Ahli United Bank, which operates in Bahrain, Kuwait, Egypt, Oman, Iraq, Libya and United Kingdom (UK). Ahli Bank offers a complete range of corporate, retail, private banking, real estate management, fund management and asset management services. It also provides brokerage services through its brokerage subsidiary. The Bank presently operates a network of 17 branches and 45 ATMs in Qatar.

Ahli Bank has a credit rating of A- (Stable) by Capital Intelligence. Fitch Ratings has affirmed Ahli Bank ‘s long-term Issuer Default Rating (IDR) at ‘A-‘ with ‘Stable Outlook’. Fitch has also confirmed a ‘BBB-‘ rating in respect of the Bank’s financial strength and ‘F2’ for its short-term IDR.

Source: Gulf Times 

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