Qatar Airways signs QR4.5 bn loan facility pact with Qatari banks
The syndication was fully underwritten and led by QNB Group as the sole and exclusive Book Runner, Global Coordinator, Initial Mandated Lead Arranger and Structuring Bank, while the lending banks include Ahlibank, Commercial Bank, Doha Bank, Dukhan Bank, Qatar Islamic Bank (QIB), and Qatar International Islamic Bank (QIIB). This new agreement will see an innovative approach taken whereby local banks lend in Qatari Riyals in both conventional and Islamic tranches and commercial terms in line with international benchmarks for a strategic financing transaction of this nature. (TNN) page 8
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Qatar Tribune
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Qatar's foreign trade sees significant growth
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Qatar Tribune
9 hours ago
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Qatar Tribune
a day ago
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QIIB wins ‘Excellence in Mobile Banking Innovation' award in Qatar for 2025
Tribune News Network Doha Qatar International Islamic Bank (QIIB) has been recognised with the prestigious 'Excellence in Mobile Banking Innovation 2025' award by Gazet International Magazine, underscoring the bank's leadership and innovation in the digital banking space. The accolade highlights QIIB's commitment to delivering advanced, secure, and customer-centric mobile banking services that meet the evolving needs of its clientele. The award reflects QIIB's continuous efforts to enhance its mobile banking application, providing customers with a seamless, fully integrated platform that allows them to perform a wide range of financial transactions anytime and anywhere. The platform offers services including account opening, local and international money transfers, bill payments, card management, financing and financing rescheduling, as well as investment and wealth management solutions. In presenting the award, Gazet International Magazine commended QIIB for redefining the digital banking experience in Qatar. The magazine highlighted the bank's smart and comprehensive services for diverse customer segments, supported by a robust technological infrastructure and strategic investment in digital transformation. Commenting on the recognition, QIIB Chief Executive Officer Dr Abdulbasit Ahmed A Al Shaibei said, 'We are proud to receive this latest recognition, which reflects our ongoing commitment to providing our customers with an advanced banking experience through our mobile banking application, one of the leading digital platforms in Qatar and the region. This award inspires us to continue driving innovation and enhancing the value we provide to our customers through technology.' Al Shaibei emphasised that in today's era of digital transformation, mobile banking is no longer optional but essential. He noted that QIIB places digital innovation at the core of its strategy, continually developing its mobile platform to make it more comprehensive, flexible, and capable of meeting the diverse needs of itscustomers. He added that the bank ensures its mobile banking application serves as a fully integrated platform, catering to all customer requirements, from routine daily transactions to financing and investment management. He further explained that the bank regularly updates the application and introduces smart features based on customer feedback, thereby enhancing engagement, satisfaction, and trust. Success in mobile banking, he said, is not just about launching a platform but developing a comprehensive digital banking ecosystem that integrates seamlessly with the bank's services while adhering to global trends in digital governance and cybersecurity. Al Shaibei concluded by reaffirming QIIB's commitment to delivering a distinguished digital banking experience that meets the aspirations of its customers, further strengthening its position as a pioneer in Islamic banking services in Qatar and the wider region. Through this recognition, QIIB continues to set benchmarks in innovation, technology, and customer experience, cementing its role as a leader in digital banking in Qatar.
