The QIIB CEO said, “The first half of this year witnessed the launch of many products, whether for companies or retails, including products launched for the first time in Qatar, such as the Visa debit card for medium and small companies. The bank also launched promotional offers with competitive benefits for the bank’s customers, which included prizes that the bank granted for the first time. These services and offers have received a great positive response from our customers and have strengthened our position in the banking market in the face of competitive factors”.
He said, “The first half of 2024 also witnessed an important investment at the international level, represented by the success of QIIB in issuing sustainable sukuks (ORYX) worth $500 million, which were listed on the London Stock Exchange. QIIB was the first Qatari bank to issue sustainable sukuks.”
The bank issued these sukuks as part of its engagement in keeping up with the third strategy for the financial sector launched by the Qatar Central Bank, and also as part of keeping up with government trends and plans that pay special attention to sustainability issues and the importance they entail.”
In respect of human resources, the CEO said, “QIIB maintained its policy of giving exceptional attention to Qatari cadres, and encouraging them to engage in various levels of banking work and providing all the necessary incentives to the Qatari Cadres, the bank also continues to attract banking competencies, especially in the field of advanced banking technology and digital transformation techniques”.
With regard to QIIB’s corporate social responsibility, Al Shaibei said, “QIIB attaches great importance to activities and initiatives that serve the community, the first half of 2024 was exceptional in this field, as we carried out many community initiatives, especially signing the sponsorship agreement with the Qatar Football Association, under which QIIB will be the official sponsor of the Amir Cup Championship and the national teams for a period of three years starting from February 2024.
“We engaged in this sponsorship based on the importance of consolidating our service to our society and to the trends, activities and events that provide added value to our country and are consistent with the Qatar National Vision 2030.”
