Winners of the New Age Banking Summit Awards 2020 posing for a group picture during the event.
Doha: Qatari banks and financial institutions which have shown outstanding achievement and contribution to the banking and financial industry have been recognised at the 13th New Age Banking Summit Awards (NABS Qatar Awards), which was held at the Dusit Hotel in Doha recently.
The NABS Qatar Awards, a leading platform for the banking and FinTech sector in the Middle East, honour the best companies and personalities in the industry who have consistently demonstrated exemplary performance; and for establishing themselves as a benchmark for excellence, inspiring other banking and financial institutions to attain similar levels of excellence.
This year’s award winners in different categories are: Barwa Bank – Most Progressive Bank; First Finance – Most Innovative Finance House; Al Khalij Commercial Bank – Best Premium Bank; Doha Bank – Best Trade Finance Bank; Qatar International Islamic Bank – Most Outstanding Leader in Islamic Finance Award; Qatar National Bank – Best Investment Bank; Software AG – Best Technology Provider of the Year; Qatar Islamic Bank – Best CSR Bank; Comviva – Digital Transformation Vendor of the Year; and Commercial Bank Qatar – Best Corporate Bank.
The awards were presented on the sidelines of the daylong summit, which saw nearly 200 leading bankers and technology speakers gather to discuss challenges and devise strategies to negotiate the ever-changing banking ecosystem.
Poonam Chawla, Associate Publisher of BusinessLive ME, and organiser of the event, said: “Banks in Qatar have recognised the role played by digital transformation in driving growth and efficiency. Banks are reassessing their business models to ensure that they are profitable and remain sustainable in the future. In a bid to meet the demands of new age customers, banks are taking the path of transformation and innovation.
This leaves a lot of work to be done. Be it customer experience on digital platforms or the turnaround time to service any kind of request, banks have to ensure that the evolution of their services, products, and processes is consistent to help them stay ahead of the curve”.
