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Commercial Bank recently participated in the 2017 Annual Meetings of the Institute of International Finance (IIF) and the International Monetary Fund (IMF) held simultaneously in Washington DC. Senior management from the Commercial Bank Group, including Board member Mohamed Ismail Mandani al-Emadi and Group CEO Joseph Abraham, ABank CEO Cenk Kaan Gür, and National Bank of Oman CEO Ahmed al-Musalmi, attended conference sessions and held a broad programme of meetings and events during their time in the US.
Commercial Bank representatives used the conference for bilateral meetings with banks from various countries, building relationships, and promoting the strength of the Qatari economy despite the economic blockade. During the annual meetings, discussions of key issues included the outlook for the global financial services industry, cyber security and financial stability, global financial regulation, and developments in artificial intelligence within finance. Abraham said, “With global financial leaders and thinkers all gathered together in one place, it is essential for Commercial Bank to participate at the IMF and IIF Annual Meetings and champion the resilience of Qatar’s economy to the ongoing economic blockade and the robust health of our banking system.” Commercial Bank also participates in the annual conferences and activities of other global trade and development institutions such as the ICC Banking Commission,
SWIFT – SIBOS convention, BAFT, Asian Development Bank, African Development bank, Arab Trade Finance Programme.
Commercial Bank has won two awards at the inaugural Qatar Business Awards, which is organised by the Qatar Financial Centre (QFC) as part of its annual Networking Event.
The Qatar Business
The Commercial Bank, its subsidiaries and associates (Group) reported a net profit of QR1.26bn for the nine months ended September 2018, a significant 386 percent jump as compared to QR259m recorded
Commercial Bank, one of the leading banking and financial services providers in Qatar, is on an expanding spree both in Qatar and overseas markets.
The bank is planning to open several new
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