Latest news with #ConstantinosConstantinides
Zawya
05-03-2025
- Business
- Zawya
QIB receives three prestigious awards From EMEA Finance
Doha, Qatar: Qatar Islamic Bank (QIB), Qatar's leading digital bank, has been named Most Innovative Bank in the Middle East, Best Bank in Qatar and Best Islamic Bank in Qatar at the EMEA Finance Middle East Banking Awards 2024. Mr. Constantinos Constantinides, QIB'S Chief Strategy & Digital Officer attended the award ceremony held recently in Dubai and received the three trophies. Announced during the seventeenth edition of the EMEA Middle East Banking Awards, these recognitions highlight QIB's ability to lead the industry with cutting-edge digital solutions while maintaining its strong position as a leading regional Bank and pioneer in Islamic finance. QIB has led digitalization efforts, enhancing both retail and corporate online experience by introducing innovative features across its Mobile Apps, setting new industry standards. This dedication has revolutionized customer interactions and internal operations, yielding significant benefits for stakeholders. With an impressive 99% of transactions now seamlessly conducted through self-service channels, QIB prioritizes customer convenience and efficiency. Moreover, the bank's commitment to innovation is evident through the introduction of new products, services, and features across retail and corporate mobile apps, consolidating its leadership in the financial market. With over 300 features and an intuitive user experience, the QIB Mobile App has become the preferred banking channel for QIB customers, offering a comprehensive and user-friendly platform for all their banking needs. The App offers customers the ability to have full control of their accounts, cards, and transactions and to fulfil all their banking requirements remotely. All citizens and residents in Qatar can open their first account in QIB within few minutes through the mobile app without the need to visit a branch. Existing QIB customers can open additional accounts, apply for personal financing and/or a Credit Card, instantly via the QIB Mobile App. Beyond banking, QIB has introduced new innovations including the QIB Marketplace providing a diverse range of products and including a section for local SMEs to display & sell products. The Bank has also introduced the first Auto Marketplace in Qatar, also within its Mobile App, enabling customers to browse, book a test drive, select and finance vehicles online. QIB maintained its position as the largest Islamic bank in Qatar and achieved the best efficiency ratio in Qatar and the MENA region for 2024. Furthermore, QIB has been continuously outperforming the market and delivering continuous value to its shareholders. Commenting on this achievement, Mr. Bassel Gamal, QIB's Group CEO, said: "We are pleased to be recognized by EMEA Finance for our efforts in sustainable banking, digital innovation and Islamic finance. These awards reflect our ongoing commitment to leveraging technology to enhance customer experience. As we continue to evolve, our focus remains on delivering innovative financial solutions that empower our customers and support Qatar's economic growth. This recognition is a testament to the dedication of our employees, the support of our Board of Directors, and the trust of our customers.' The EMEA Finance Middle East Banking Awards are among the most prestigious industry recognitions, celebrating excellence in financial services, digital transformation, and market leadership.
Zawya
19-02-2025
- Business
- Zawya
QIB sets the standard for digital banking at The Asset Awards 2025
Doha, Qatar: Qatar Islamic Bank (QIB), Qatar's leading digital bank, has been recognized with three prestigious awards at The Asset Triple A Digital Awards 2025. The bank has been named Digital Bank of the Year in Qatar for the fifth year in a row and has also received Best Retail Mobile Banking Experience in Qatar and Best Mobile Banking Application in Qatar for the second consecutive year, reaffirming its leadership in digital banking. QIB's continued recognition by The Asset Triple A Digital Awards, one of the most respected programs in the financial industry, reflects the bank's success in driving digital transformation and enhancing customers' experience. These awards highlight QIB's commitment to delivering seamless, secure, and innovative banking solutions, underpinned by cutting-edge technology, AI-driven services, and a customer-centric approach. With over 300 features and an intuitive user experience, the QIB Mobile App has become the preferred banking channel for QIB customers, offering a comprehensive and user-friendly platform for all their banking needs. The App offers customers the ability to have full control of their accounts, cards, and transactions and to fulfil all their banking requirements remotely. All citizens and residents in Qatar can open their first account in QIB within few minutes through the mobile app without the need to visit a branch. Existing QIB customers can open additional accounts, apply for personal financing and/or a Credit Card, instantly via the QIB Mobile App. Further strengthening its position as a digital leader, QIB has introduced new innovations beyond banking including the QIB Marketplace providing a diverse range of products and including a section for local SMEs to display & sell products. The Bank has also introduced the first Auto Marketplace in Qatar, also within its mobile app, enabling customers to browse, book a test drive, select and finance vehicles online. On the Corporate front, on top of its comprehensive Corporate Internet Banking platform, QIB has developed a Corporate app specifically for Corporate and SME customers allowing them to manage their daily banking operations on mobile devices. It also offers an array of smart banking solutions such as digital payment solutions and payroll management which is integrated with the customers' accounting software making it easier for companies to manage their financial transactions. With a digital-first approach, the Bank continues to invest in innovative features that enhance accessibility, security, and efficiency for its customers. During the past years, QIB has significantly reinforced its digital engagement with an astounding 99% of transactions being self-serve. This achievement has led to a notable reduction in branch transactions allowing the branch employees to focus on financial advisory and personalized service. Commenting on the recognition, Mr. Constantinos Constantinides, QIB's Chief Strategy & Digital Officer said: 'We are pleased to be recognized by The Asset Triple A for our continued efforts in advancing digital services development and adoption within Qatar's banking landscape. Through strategic investments in technological innovation, we have transformed the customer experience, setting a new standard in both retail and corporate banking that rivals some of the most progressive global institutions, both in terms of innovation and business results contribution.' QIB continues to drive digital transformation, ensuring its banking solutions remain at the forefront of the industry. With ongoing investments in AI, financial inclusion initiatives, and sustainability-focused digital services, QIB remains dedicated to shaping the future of digital banking.
