QIB Highlights Treasury Products and Services to SMEs

Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, organized a workshop introducing Small and Medium Enterprises (SMEs) to the wide range of the Bank’s treasury products and services. The event, hosted by QIB’s Group Treasurer Mr. Hanna M. Al Khoury, was designed to increase awareness to SMEs on how to derive maximum benefits from their partner bank.

QIB offers a wide range of Sharia-compliant treasury products and services that can help small and large businesses to optimize the management of their savings and their cash flow as well as to address different types of business risks. With the support of QIB experts, businesses have access to competitive foreign exchange services whether for spot transactions, swaps, or forward options. QIB also offers competitive treasury products such as profit rate swaps and hedging solutions against fluctuations in financing costs or fixed income returns.

Built around its customer-centric strategy, QIB conducts regular events connecting the Bank with its customer base and the business community in Qatar. Awareness sessions create an interactive platform, allowing QIB to inform its clients about new products and services as well as to gather useful insight enabling the Bank to provide its customers with tailor-made solutions that fit their specific needs and expectations.

Sessions such as this one help us to connect with our customers and understand their business needs and future concerns, stated Mr. Tarek Youssef Fawzi, General Manager – Wholesale Banking Group. The SME sector will continue to play a vital role in diversifying and strengthening Qatar’s economy. As the leading Islamic Bank in the country, in full alignment with Qatar’s National Vision 2030, we are committed to ensure that SMEs are equipped with the financial tools they need to grow and succeed.

Through its award-winning Aamaly (My Business) programme, QIB offers a set of comprehensive packages for the SME sector which include financing solutions, current and savings account services, treasury products, trade finance services and cash management solutions. QIB’s professional, specialized relationship managers are available to support and guide SMEs in Qatar on the benefits of different available banking solutions.

Source: Qatar Islamic Bank