Qatar Development Bank (QDB) was recently named “Best Development Bank” in the Middle East at the 2014 Banker Middle East Industry Awards – a special event honoring more than 200 financial institutions in the region.
On this occasion, Mr. Abdulaziz bin Nasser Al Khalifa, CEO of QDB, said, “We are proud of this honor, which reflects QDB’s contribution to the overall development journey and our deep commitment to offering products that strengthen and grow the private sector. I dedicate this award to each member of the QDB family, who played a major role in propelling QDB to this leading and prestigious position.”
Al Khalifa added, “We promise our clients and partners to continue our mission of being a strategic partner for business development and to accelerate the overall development of Qatar’s private sector in line with the diversification needs of the country.”
QDB was previously recognized by the Banker Middle East Product Awards for Best SME Finance Scheme in 2013, due to its efforts building an ideal environment for the growth of entrepreneurship in the State of Qatar through its successful Al-Dhameen indirect lending program.
Garnering an audience of top bankers and financiers from around the region, the annual Banker Middle East Industry Awards are the Middle East’s foremost gathering of key players within the banking and financial services industries. The annual Banker Middle East Industry Awards program is designed to recognize those banks and financial institutions that are pioneers and standard-setters in finance. Through a combination of analytical assessment and reader feedback, the winners of the Banker Middle East Industry Awards represent the very pinnacle of innovation and growth in the region.
The awards are based in part on a peer voting process and in part on the CPI Financial 100 analysis of published, audited financial data. The results of the awards are therefore decided jointly with the industry and financial community and not solely by Banker Middle East. Only readers of Banker Middle East and registered users of www.cpifinancial.net are eligible to vote.