Online transactions surge over 90 percent in Commercial Bank – The Peninsula Qatar

Online transactions surge over 90 percent in Commercial Bank – The Peninsula Qatar

Venkata Surya Prasad Indraganti, Senior AGM, Head of Transaction Banking, Wholesale Banking, Commercial Bank

Doha: The digital transformation drive by the Commercial Bank has become a huge success. More than 90 percent of Commercial Bank’s transactions are happening online, showing that the bank is playing a key role in the government’s vision of becoming a cashless society. According to a senior official of Commercial Bank, over 95 percent of retail transactions and over 90 percent of corporate transactions are being done online.