GFM announces Al Kaliji Commercial Bank as winner of Best Operational Bank Qatar 2014
Al Kaliji Commercial Bank wins "Best Operational Bank 2014" from GFM. This is the first time Al Kaliji has won an award from GFM and it is well deserved as the bank has put in a place a strategy to deliver growth in its chosen markets and industries and has backed this with ongoing investment to ensure operational integrity.
- (1888PressRelease) August 21, 2014 - GFM Review, online news portal specialized in financial industry has developed awards to reward organizations which have achieved notable success. The award is a standard for reliability and performance within the financial community.
In a challenging market the GFM Awards recognize the progress, achievements and leadership of companies and institutions around the world that are engaged in the financial market either directly or supporting it. GFM aims to promote award winners through the GFM website while also using its media partners to ensure that various other news agencies take up the announcements.
Articles on the GFM site are viewed by in excess of 40,000,000 people per year. The sites itself is ranked among the top 15000 sites globally and sites inside the top 2500 in the US. With over 300,000 Twitter followers who view at least 100,000 articles a month using Twitter GFM has become a major player in delivering up to the minute news. GFM benefits from not only producing its on editorial but aggregating focused news from a number of tier one global news providers.
As a truly global financial news portal GFM aims to ensure that the panel headed by the Publisher with input from the research team choose winners that best reflect over achievement in the nominated category.
The awards selection panel used a wide range of criteria to come to their decisions on the 2013 award winners. Some of the general criteria depending on the industry included Transparency, Corporate Governance, Sustainability, Volume of transactions, Innovation, Customer Service. Some of the specific criteria used included Market Capitalization, Earnings per Share, Price/Earnings Ratio, Total Revenues, Net income, Operating Profits, Tier 1 Capital, Total Deposits, Loan to Deposit Ratio, Non-Performing Loan Ratio, Coverage and Provision.
The judging panel are proud to announce Al Khaliji Commercial Bank (Al Khaliji) Q.S.C. as "Best Operational Bank Qatar 2014". During the course of the last 12 months Al Khaliji Commercial Bank has demonstrated that is a key player in the highly competitive banking arena within Qatar and the GCC. It has managed this with an unwavering focus on specific markets with deep penetration in select industries, delivering leading products and expertise in focus areas to Al Khalij Commercial Banks preferred customers, strengthening the connectivity of each business and geography while continuing to build strong and stable relationships with customers and to produce balance sheet growth based on solid funding and capital ratios.
Al Khaliji Commercial Bank (Al Khaliji) Q.S.C. Best Operational Bank Qatar 2014
This awards recognize the exceptional manner in which Al Khaliji Commercial Bank has performed over the last 12 months in executing its medium term plan for growth.
The process by which GFM Review reached this decision is open and unbiased. The research team identify a number of organizations in a given sector. This are passed to the Nominations Team who contact those institutions that have nominated for the specific award. The judging panel then review the material presented before them and make a decision as to who in their eyes is worthy of the award.
About Al Khaliji Commercial Bank
Al Khaliji is Qatar's pioneer 'next generation bank' offering a full range of conventional banking products and services to premium, business, corporate and international customers in Qatar, UAE and France. Headquartered in Doha, Al Khaliji is one of Qatar's leading banks and a member of the Qatar Exchange since 2007,
with QR 48.3 billion in total assets and QR 25.3 billion in customer deposits as of June 30, 2014. Al Khaliji products and level of service reflect the Bank's belief that to be a successful financial institution, the Bank must meet the needs of both this generation and future generations of employees, customers, investors and business partners.
Al Khaliji was awarded with a positive Fitch Rating. With a Long Term Issuer Default Rating of 'A' and a Short Term Issuer Default Rating of 'F1', this facilitates streamlined access to resources all over the globe. Achieving financial objectives is critical to sustaining prosperity in any market, at Al Khaliji long-term sustainability is maintained by balancing the commitment to achieving results with the commitment towards the development of people and the community.
About GFM Review
Global Financial Market Review (GFM) is an online news portal that is focused on the financial industry. It has been developed to deliver informative and independent news from around the world. The articles on GFM are both sourced from a number of independent news sources as well as written in-house. The site is ranked among the top 15000 globally and has over 300k Twitter followers who follow breaking news. This reflects in the quality and insight that the portal delivers to readers. GFM readership comprises of decision makers from global businesses including FT100 and Fortune 500 companies as well as high net worth individuals.
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