Commercial Bank has taken another step forward and strengthened its presence as a market leader in cash management and banking transactions, winning a new award for 2021 from The Asian Banker, which is the award for “Best Management Bank of treasury and transactions in Qatar ”.
Each year, The Asian Banker recognizes achievement in key business and operational areas of the financial services industry.
The purpose of these awards is to recognize annual achievement and competition winners for market share, product and operational excellence.
The Transaction Finance Awards, formerly known as The Transaction Banking Awards, assess the achievements of financial institutions in cash management, payments and trade finance.
Winners are determined through a combination of surveys, interviews and field research conducted by research staff at The Asian Banker.
Research results are published in a neutral fashion, with a dashboard describing how different national and global players are included.
Raju Buddhiraju, Executive Managing Director and Head (Wholesale Banking) of Commercial Bank said: “Given the challenges we have faced over the past two years, Commercial Bank has leveraged its digital strategy by promoting its previously established digital services and launching new ones. . Our cash management products have allowed clients to get the most out of their seamless banking experience.
“Commercial Bank also provides corporate clients with a full line of cash management products and services that add value to their businesses and maximize the return on their inactive cash balances.”
In 2021, Commercial Bank was honored by the world’s leading award bodies. Some of these awards are: “Best in Marketing and Social Media Services” in the World from Global Finance, “Best in Social Media Engagement” in the Middle East from The Asian Banker, “Best Mobile Banking App” for Businesses in the Middle East by Global Finance, “Best Bank” in Qatar by Euromoney, “Best Bank” in Qatar by Global Finance and “Best Digital Bank” in Qatar by AsiaMoney.