Al Khaliji's letter to shareholders not only advised them of today's listing date but also invited them to play an active part in shaping the region's newest and most innovative entrant in the banking sector.
By registering at www.alkhaliji.com, shareholders (and non-shareholders) who are interested in the future of the bank are able to 'join the conversation' with Al Khaliji and make suggestions on what they would like to see from a new bank - as well as tell the bank's management what they don't like.
The initiative is being supported by an advertising campaign in Qatar's national press and all people registering at the website will automatically receive Al Khaliji's new e-newsletter. Regularly updated editions of the e-newsletter will contain a mix of company news and background, as well as feedback on suggestions received.
Tariq Al Malki, Chairman of Al Khaliji, said: 'I am very proud that so soon after the establishment of the bank we are already celebrating a major landmark - today's listing on the Doha Securities Market.
All of us at Al Khaliji are passionate about creating something different for our customers so we're marking this occasion by inviting our shareholders and other stakeholders to join in a conversation with us, and tell us what they want to see. We're hoping to build a long-term relationship that will fundamentally shape how we do business as a bank. Together, we have the potential to change the industry in the region.'
David Proctor, Head of Al Khaliji's Executive Team, added: 'We already have many ideas of our own, but conversations are two-way things, so we're launching a new e-newsletter which allows us to reach out and have a genuine conversation with shareholders and non-shareholders alike. This also fulfils an important pledge we made to investors during our IPO in April, to keep them informed of developments at the bank.'
Al Khaliji shares begin trading on Doha Stock Market
Shares in Al Khaliji began trading today on the Doha Stock Market (DSM) as the bank took good governance and transparency another step forward by writing to each of the 86,547 investors in its recent initial public offering (IPO).
- Qatar: Wednesday, August 01 - 2007 at 15:01
- PRESS RELEASE
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| L-R: David Proctor, Advisor to the Chairman andHead of Executive Team, Al Khaliji; Saif Khalifa Al-Mansoori, Acting Market Manager, Doha Securities Market (DSM); Tariq Al Malki, Chairman of Al Khaliji. |
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Notes and media contacts
Jeremy HuntBell Pottinger Middle East
Office: +974 494 5482
Mob: + 974 545 1997
About Al Khaliji
Al Khaliji was founded in Doha in January 2007. Since obtaining its commercial license at the beginning of the year, the bank's world-class management has set about creating the infrastructure that will allow Al Khaliji to provide a fresh approach to banking in a rapidly growing and evolving market.
Al Khaliji will be underpinned by the highest standards of service, easy to understand products, and reliable, innovative technology. Built in response to customer demand for a bank that is designed to meet their needs and their lifestyles, Al Khaliji will support its customers as their circumstances evolve over time.
A world-class management and highly trained staff will transform the banking experience of customers in Qatar and, through later expansion, the wider GCC. Al Khaliji will open its branch network to customers by the end of 2007.
Posted by Medilyn Manibo, Assistant News EditorWednesday, August 01 - 2007 at 15:01 UAE local time (GMT+4)
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