Doha-based Barwa Bank, one of the four Islamic banks in oil-rich Qatar, has bagged four awards announced by the London-based International Finance Magazine (IFM) during a glittering IFM 2013 Annual Awards function in Dubai on December 18, 2013.
After a rigorous evaluation nominations by an internal research team and an external research agency, IFM announced at its 2013 Annual Financial Awards that Barwa Bank had won in four categories – Best Islamic Bank, Fastest Growing Bank, Best Sukuk Arranger and Best Financial Website Design.
Barwa Bank provides a full range of Shari’ah compliant banking services including retail, corporate and commercial banking, real estate finance and asset management.
Accepting the Awards on behalf of the Bank, Keith Bradley, the bank’s Group Chief Operating Officer & GM International, said “we are very proud to have won four awards from International Finance Magazine and are especially pleased to win this year’s Best Financial Website Design award. Internet banking is an area where we continue to invest heavily as part of our commitment to continuous improvement in the customer experience, offering the ability to conduct banking transactions anywhere, anytime.”
Mr. Bradley told IFM that “Qatar is an exciting place to be in with a slew of new infrastructure projects coming up – roads, railways, hotels and of course, stadiums for the FIFA World Cup that the country will host in 2022. In 2014, we will not only be growing in Qatar and the entire region but in line with other big Islamic Banks, will also be offering our services to the global market by opening representative offices in London and Dubai.”
Sunil Bhat, Publisher of IFM said “the awards are based on a thorough analysis of corporate, economic, environmental and social performance assessing issues, such as corporate governance, risk management, branding and new innovations in the financial industry. We hope Barwa Bank will continue outperform its competition in coming years as well.”