Sheikh Dr Khalid bin Thani bin Abdullah Al Thani (second right), Chairman of Umnia Bank, who is also the Chairman of the Board of Directors and Managing Director of QIIB and Dr Abdulbasit Ahmed Al Shaibei (third right), CEO, QIIB during the meeting in Mor
DOHA: The Board of Directors of Umnia Bank in Morocco discussed various matters related to the bank, including its recent performance and future plans. Sheikh Dr Khalid bin Thani bin Abdullah Al Thani, Chairman of Umnia Bank, who is also the Chairman of the Board of Directors and Managing Director of QIIB, chaired the meeting held in Morocco.
The meeting was also attended by Ahmed Rahou, Vice-Chairman of the Board of Directors - Head of CIH Bank, in addition to the Board of Directors.
The meeting also discussed the developments witnessed by the banking market in the Kingdom of Morocco; as well as the activities of Umnia Bank, its expansion in various Moroccan cities and its work to meet the requirements of its customers, whether individuals or companies.
During the meeting, Sheikh Dr Khalid expressed his satisfaction with the Bank’s business path and the customers’ interest in the provided services compared to the period of time in which the business started. This indicates that Umnia Bank has gained the confidence of the citizens in Morocco and the business sector takes a positive view of the bank. “We seek to further leverage Umnia Bank’s engagement with various economic sectors in the Kingdom of Morocco for the benefit of all,” he said.
Sheikh Dr Khalid added that Umnia Bank reflects the strong relations between Qatar and Morocco in various fields and we are pleased to contribute to the enhancement of these relations, where the banking sector is deemed one of the most important sectors through which ties are strengthened between the different business sectors.
He also called on the Executive Management of Umnia Bank to continue its efforts and focus on responding to the market demands and customers’ expectations, while stressing on the innovation and creativity in developing Islamic products and instruments suitable for various customer segments in a way that expands the base of those interested in the Bank’s services, increases the Bank’s contribution to local development and increases returns to shareholders.
He pointed out the importance of the Bank’s main focus on expatriate Moroccans in the State of Qatar and in other countries, offering them a package of high quality banking facilities and services that meet their needs in their home country.
Umnia Bank was officially launched in the Moroccan market in July 2017. Now, the Bank has 20 branches in various Moroccan cities and has a plan to expand and cover all major cities in the near future.