Doha, May 03, 2017 - Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, in recognition of its relentless support to local entrepreneurs and Small and Medium Enterprises (SMEs) in the country, has won “Al Dhameen Best Partner Bank Award” for 2017 by Qatar Development bank (QDB). al khaliji claimed the coveted title following its short-listing for the award, along with other high profile financial institutions, during a gala dinner ceremony that was recently held at the Four Seasons Hotel Doha, in the presence of the Governor of Qatar Central Bank HE Sheikh Abdulla Bin Saoud Al-Thani, QDB CEO Mr. Abdulaziz Bin Nasser Al Khalifa, QDB Executive Director of Business Finance Mr. Khalid Abdulla Al Mana, Al Dhameen Manager Ms. Jawaher Humaid Al Noaimi and VIP guests. Commenting on the win, Mr. Fahad Abdulla Al Khalifa, Group Chief Executive Officer at al khaliji, said: “At al khaliji, we are honored to be recognized as Al Dhameen Best Partner Bank. This prestigious award is a testament to the Bank’s sound planning, innovative efforts and creative execution of “Al Dhameen” program to not only meet the requirements, but also exceed the expectation of clients. The accolade also reflects our solid understanding of the nature, needs and aspirations of aspiring as well as existing entrepreneurs, SMEs and Startups in Qatar, and highlights al khaliji’s role as a strong supporter of economic diversification in the country, towards the realization of the Qatar National Vision 2030.” Al Dhameen is an indirect loan facility established by QDB to guarantee commercial bank loans to private sector companies, as a way of assisting SMEs that show components of success with limited credit history or lack of collateral to obtain access to funds, for establishing or growing their businesses. The program supports businesses in the Manufacturing, Education, Tourism, and Healthcare sectors in launching their SME ventures, while effectively contributing to the realization of the Qatar National Vision 2030 through investing in the country’s economic growth and diversification. The Award garnered by al khaliji reaffirms the Bank’s commitment to supporting local SMEs and innovative entrepreneurs in Qatar, as part of its broader efforts to effectively contribute to the economic diversification of the country, by blending tradition with innovation in order to meet the needs of both this generation and future generations of employees, customers, investors and business partners.
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