Doha: Qatar Development Bank (QDB) was recently recognised for its exemplary efforts to grow a solid entrepreneurial industry in Qatar.
The coveted accolade of Best SME Startup Scheme was awarded to QDB by the prestigious Banker Middle East Product Awards 2013 to underline the bank’s commendable commitment to devise and roll-out successful programs for the development of a promising private sector in the country.
Chief Executive Officer of CPI Financial, Adam Broom, presented the award to QDB Executive Director for Strategic Planning and Control Abdulaziz Al Khalifa.
“Banker ME Product Awards are a region-wide awards programme that helps to set the benchmark for the Mena region’s financial services industry,” Adam Broom said.
He said these awards are designed to encourage, inspire, and reward distinction in the banking and finance industry by applauding those products and services that are either exceptionally innovative or are conducive to a better functioning market.
“QDB’s SME-oriented service portfolio is a true model and a quintessence to follow for the private sector to flourish and become integral to the progress of the economy,” he said.
Qatar Development Bank’s Chief Executive Officer Mansour Bin Ibrahim Al Mahmoud said: “We’re very honoured to be the recipients of this eminent award which culminates essentially the amount of research and initiatives which we champion here at QDB with the aim to develop solid fundamentals and a favourable atmosphere for SMEs.”
The Peninsula
