Posted on September 05, 2018

Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, in recognition of its relentless support to local entrepreneurs and Small and Medium Enterprises (SMEs) in the country, for the second consecutive time won “Al Dhameen Best Customer Satisfaction Award” for 2018 by Qatar Development Bank (QDB).

al khaliji claimed the coveted title following its short-listing for the award, along with other high profile financial institutions, during a gala dinner ceremony that was recently held at Rotana City Center Hotel, in the presence of the Governor of Qatar Central Bank HE Sheikh Abdulla Bin Saoud Al-Thani, QDB Executive Director of Business Finance Mr. Khalid Abdulla Al Mana, Al Dhameen Manager Ms. Jawaher Humaid Al Noaimi and VIP guests.

Commenting on the win, Mr. Fahad Abdulla Al Khalifa, Group Chief Executive Officer at al khaliji, said: “We would like to thank Qatar Development Bank for this honor which is an indication of the excellent results we have achieved through our strategic partnership. At al khaliji we are very pleased to sponsor creativity and innovation in the local economy and are particularly delighted to support QDB projects spearheaded by the ‘next generation’ of Qatari youth. While we support these new ventures with funding we also engage closely with them to share our knowledge and skills to enable them to develop their business to its full potential.” 

al khaliji wins Al Dhameen [qatarisbooming.com].jpg

Al Khalifa further said, “QDB and al khaliji view the development of the indigenous private sector as a priority objective, and we expect SMEs to pay an increasing important role in Qatar’s economy into the future. Our joint approach is aligned with the Qatar National Vision 2030 to achieve economic diversification. We look forward to continue to strengthen our close partnership with QDB to encourage and facilitate the development of this important sector.” Al Dhameen is an indirect loan facility established by QDB to guarantee commercial bank loans to private sector companies, as a way of assisting SMEs that show components of success with limited credit history or lack of collateral to obtain access to funds, for establishing or growing their businesses. 

The program supports businesses in the Manufacturing, Education, Tourism, and Healthcare sectors in launching their SME ventures, while effectively contributing to the realization of the Qatar National Vision 2030 through investing in the country’s economic growth and diversification. The Award garnered by al khaliji reaffirms the Bank’s commitment to supporting local SMEs and innovative entrepreneurs in Qatar, as part of its broader efforts to contribute to the economic diversification of the country.

More information about the program and its terms and conditions is available on al khaliji’s official website at www.alkhaliji.com, or through the Bank’s Call Center at +974-4494-0000.

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