Posted on August 19, 2014

Mashreq Qatar, a leading financial institution in the Middle East & North Africa, has won the award for ‘Best Consumer Internet Bank in Qatar’ from Global Finance magazine this year. This marks the sixth consecutive year that Mashreq Qatar has won plaudits for its state-of-the-art online technology that offers seamless and secure access to clients 24 hours a day, seven days a week, from their choice of location.

The award was conferred to the Bank by a panel of independent judges at Infosys, a global leader in consulting, technology and outsourcing. Banks in this category were reviewed for criteria including strength of online site design, functionality, product offerings, evidence of demonstrable customer benefits and overall strategy for attracting and servicing customers with the best online experience available.

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Niranjan Mendonca, Head of Retail Banking, Mashreq Qatar commented, “This unprecedented win is testament to our tireless dedication to innovation and the fulfilment of our promise to offering our signature top-quality personalized service to our customers at the comfort of their fingertips, safely and securely. Our online banking features can also be experienced via Snapp- our comprehensive and integrated mobile platform that has transformed banking on the move in the region.”

He continued, “To be recognised at this scale and to be applauded year-on-year for our market leadership in banking technology is certainly an honour and a responsibility. We continued to demonstrate our commitment to our customers with our sector-specific expertise, local knowledge and innovation, and these awards just confirm that.”

Laden with features, MashreqOnline offers free international money transfers , a quick account opening process, the ability to invest in and track multiple accounts and term deposits, utility payments, and managing Salaam Rewards points, to name a few. Snapp is available to download at the Apple store, Windows Phone and Google Play store. Besides offering MashreqOnline at your fingertips, it also features the high level of security with authentication through one time password and SMS notifications.

Global Finance is an international finance magazine with a circulation in over 163 countries. Each year Global Finance selects the best financial institutions around the world. These awards have become a recognized and trusted standard of excellence.