Commercial Bank, a leader in innovative digital banking solutions in Qatar participated as an innovation partner in the prestigious Arab Banking Conference 2024, organised by the Union of Arab Banks.

The event, held under the esteemed patronage of HE the Governor of the Qatar Central Bank, Sheikh Bandar bin Mohammed bin Saoud al-Thani, brought together leading banking and financial institutions from across the Arab world to discuss key trends shaping the future of the banking sector.

Commenting on this strategic partnership, Joseph Abraham, Group Chief Executive Officer, Commercial Bank stated, “We are proud to join the Union of Arab Banks as an innovation partner, underscoring our commitment to sustainability and digital innovation. As a bank, we believe that integrating sustainable practices with cutting-edge technology is essential to shaping a future that is both economically resilient and environmentally responsible.

“Through this partnership, we aim to foster a culture of innovation that empowers our communities and contributes to a sustainable global economy.”

As an innovation partner, Commercial Bank highlighted its commitment to driving sustainability and fostering digital transformation within the banking industry at one of the region’s most significant annual events which focuses on themes such as innovation, digital transformation, and regulatory developments within the Arab banking sector.

Hussein al-Abdullah, executive general manager (Marketing) and CB Real Estate said, “Our participation in the Arab Banking Conference as an innovation partner reaffirms Commercial Bank’s dedication to leading the industry in both sustainability and digital transformation.

“We recognise that the future of banking lies in balancing innovation with responsibility, ensuring that we not only meet the evolving needs of our customers but also contribute to a sustainable, forward-thinking financial ecosystem. By embracing cutting-edge technologies and green practices, we are committed to creating value for our communities while fostering long-term growth.”

Through this partnership, Commercial Bank continues to demonstrate its leadership in promoting sustainability and its investment in cutting-edge digital solutions aimed at enhancing customer experiences, operational efficiency, and long-term resilience in the financial sector.
Related Story
The Real-Time Gross Settlement System plays a vital role in Qatar's banking sector, as it is the core banking system that processes and settles financial transactions between banks directly.

QCB launches new RTGS system

Qatar's HE the Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Turkiye's Foreign Minister Hakan Fidan, US Secretary of State Antony Blinken, UN Special Envoy for Syria Geir Pedersen, UAE Foreign Minister Sheikh Abdullah bin Zayed al-Nahyan, Saudi Arabia's Prince Faisal bin Farhan al-Saud, Lebanon's Foreign Minister Abdallah Bou Habib, France's Minister for Europe and Foreign Affairs Jean-Noël Barrot, and others attend the meeting of the Arab Contact Group on Syria in Jordan's southern Red Sea coastal city of Aqaba on Saturday. AFP

Arab Ministerial Contact Committee urges support for inclusive, 'peaceful' Syria transition