HE Sheikh Dr. Khalid bin Thani bin Abdullah al-Thani, Chairman of the Board and Managing Director of the QIIB Bank, formally inaugurated the Bank’s new Corporate Branch at Grand Hamad Street in line with its local outreach strategy, grow the customer base and better serve the growing clientele, both companies and individuals.
The opening ceremony was attended by the Bank Chief Executive Officer, Mr. Abdulbasit Ahmad Al-Shaibei and a number of the Board of Directors’ members and senior officials at the QIIB Bank.
After the ribbon-cutting ceremony, which marked the commencement of activities at the new branch, HE Sheikh Dr. Khalid bin Thani and the members of the Board of Directors and senior bank officials visited various sections of the branch, which is 18th in QIIB’s Qatar network.
HE Sheikh Dr. Khalid bin Thani praised the outstanding efforts of the QIIB management to establish a dedicated Corporate Branch, which he said reflects the bank’s aspirations to provide quality banking services that matched customers’ expectations.
He called upon the QIIB staff assigned to the Corporate Branch to put in maximum efforts to meet the special requirements of the bank’s corporate clients and said they need permanent care and continuous support. This is also part of QIIB commitment to support the Qatari business sector.
HE Sheikh Dr. Khalid bin Thani stressed on the importance of paying attention to the small and medium enterprises (SMEs) and providing the best services and facilities for this important business category.
The new Corporate Branch is on the Grand Hamad Street, which is bustling with business activities, particularly because the headquarters of many leading Qatari banks are located there. The new Corporate Branch is also very near the main QIIB branch on the Grand Hamad Street.
The new branch is easily accessible and provides the right ambience for the Qatar’s vibrant business and corporate sector.
QIIB was keen on opening the Corporate Branch in an area that better met the needs and aspirations of companies in Qatar.
In his speech at the opening of the new Corporate Branch, QIIB Chief Executive Officer, Mr Abdulbasit Ahmad Al-Shaibei said, “The branch is a quality addition to QIIB’s network, which is rapidly developing and expanding into new regions of the country. Besides providing latest banking products and services, the Corporate Branch spot our new design that we have begun applying on new branches or branches under renovation.”
Mr Al-Shaibei said the opening of the new Corporate Branch was very important for QIIB as it would dedicatedly serve an important customer segment of the bank.
“Hitherto, our Corporate Banking team was functioning from the Grand Hamad Street branch. But since our Corporate Banking business has expanded with an increasing number of customers and products and services offered to them, a dedicated branch facility has become essential. The new branch is equipped with all facilities that are required to provide quality banking service to QIIB’s existing customers and attract new clients. This will serve all types of businesses, big or small, to the best standards available in the market.”
The Corporate Branch will specialise in providing finance to individuals and offer prospects for further upgradation in services provided to customers in the branch.
Mr Al-Shaibei noted that the opening of the new branch comes at a time of great achievements and accomplishments for the national economy.
“We, as an active and essential part of the renaissance of the national economy, consider the opening of a special, dedicated branch as a big contribution towards serving this economy and offering more to companies that are accomplishing lots of projects in various sectors.”
The CEO pointed out that “the new branch does not only serve and work with large companies, but also offers services to small and medium enterprises (SMEs), which are an important segment towards achieving national economic diversification.”
The CEO highlighted the fact that the Corporate Branch was designed with a renewed spirit with which QIIB works, and that signifies the harmony between the Qatari traditional spirit and the development and modernisation that characterise Qatar’s renaissance.
“We are committed to continue offering modern banking services as fast as we can. We will also keep innovating. These characterise our services in the Corporate Branch as well as our branches across the nation.”
As for the staff working in QIIB corporate branch, Al-Shaibei said, “We will be working with quality clients, and therefore, we have chosen the best team to manage this facility. This includes Qatari experts who are quite familiar with professionally handling our customers’ needs.”
The QIIB corporate branch will offer a wide range of services such as funding working capital, supportive funding, financing fixed assets, construction works including bidding and managing tenders and following up construction stages with contractors to ensure completion of projects on time.
The Corporate Branch also funds contractors in order to meet their various requirements for equipment and infrastructure.
The Corporate Branch clientele can benefit from companies’ insurance products and services, whatever their requirements are, as well as other services that meet the needs of different types of companies.
QIIB continues to expand its branch network in Qatar. Some two weeks ago, a new branch was inaugurated at Muaither. At the end of last year, QIIB opened a branch at the Pearl Qatar, which is dedicated to an important segment of the bank’s customers.
The bank is heavily investing in online banking, mobile / telephone banking services and customers’ service centre, in addition to deploying more ATMs. All of these will give customers’ access to banking services, in the most convenient and fastest way possible