Asian Banker honours QIB as Best Retail Bank, Best SME Bank in Qatar

Asian Banker honours QIB as Best Retail Bank, Best SME Bank in Qatar

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Asian Banker honours QIB as Best Retail Bank, Best SME Bank in Qatar

May 31 2022 07:07 PM



Business

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The Asian Banker has praised QIB's efforts in cementing its stature in the retail banking landscape in Qatar with its solid financial results

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Qatar Islamic Bank (QIB) received the Best Retail Bank in Qatar and the Best SME Bank in Qatar accolades at The Asian Banker's Excellence in Retail Financial Services Awards 2022, demonstrating the excellence of its retail and SME offering and the constant development of its services to remain at the forefront of the growing Qatari banking sector.

During the virtual awards ceremony, the Asian Banker team praised QIB's efforts in cementing its stature in the retail banking landscape in Qatar with its solid financial results.

QIB continued to strengthen its leadership in the local banking sector in 2021 and continued to be the largest Islamic bank in Qatar.

QIB has produced the highest returns in the market in terms of return on equity and return on assets and achieved the best cost-to-income efficiency ratio in Qatar and the Mena region at 18.1%.

The bank deepened its engagement with customers by introducing a