Voted 'Best Bank in Qatar' this year, by both The Banker and Global Finance magazines as well as being the recipient of the 'JPMorgan Chase Elite Quality Recognition Award,' QNB relies heavily on the operational efficiency and outstanding performance of its bankcard systems. Its decision to upgrade to PRIME 3.0 factored in the system's support for EMV, enhanced functionalities, increased scalability and flexibility.
Mohammed Ali Al-Khulaifi, Assistant General Manager, Retail Operations at QNB, said "As the largest bank in Qatar, it is very important that our business evolves in-line with our clients' needs and market change. CTL remains our trusted systems provider because it continues to offer us the security of a stable platform coupled with the flexibility for future growth.'
Marwan Marouf Mahmoud, Assistant General Manager, Information Technology at QNB, added "PRIME 3.0 offered major improvements over its predecessor. It's an open system enabling easy integration with existing bank and third party interfaces, and runs on the Oracle database featuring enhanced multi-institution, workflow and case management. This combination with full support for EMV chip card programs, made it an attractive package for QNB."
Edith Kessler-Charalambous, General Manager - Business Expansion at CTL, has witnessed the remarkable pace at which CTL has accumulated experience in dealing with the EMV certification process. She said, "CTL is chosen as a trusted partner by banks in the Middle East because we specialise in all aspects of the card payment business cycle, including migration to EMV compliance. Our technical staff posses a high level of expertise in their fields, and this is transmitted to our clients through a smooth project delivery and an enhanced product portfolio."
CTL's presence in the Middle East spans 15 years, during which it has maintained long-standing client relationships with over 24 Banks, of which 12, rank in the top 4 in their own countries. Each client is supported locally from CTL's office in Dubai and globally from CTL's 24 hour support service facility.
Browse
related articles
QNB extends long-term relationship with CTL
- Qatar: Tuesday, October 04 - 2005 at 08:06
- PRESS RELEASE
Qatar National Bank (QNB) today announced the signing of an agreement with Card Tech Limited (CTL) for an upgrade to PRIME 3.0, the latest version of CTL's leading card management system, and for M/chip and Visa Smart Debit Credit (VSDC) certification.
Related stories
Also consider reading:
Digg
Facebook
LinkedIn
Twitter
Browse
related articles
Today's most read articles:
Log in to request more information from Card Tech Ltd (CTL)
Notes and media contacts
About Card Tech LimitedMore than 190 banks from 70 countries use CTL solutions. Our software and processing service addresses every aspect of the card management business cycle. They include card issuance, merchant acquiring, authorisation, message switching, encryption key and PIN management, e-commerce and fraud management, and are developed and supported by a dedicated team of over 300 CTL specialists.
We have an exceptional record of delivering payment association-compliant solutions on budget and on time; we back up every implementation with a 24x7 global support service.
About Qatar National Bank
QNB was established in 1964 as the country's first Qatari-owned commercial bank. The ownership structure is split between the Government of Qatar (50%) and the private sector (50%). QNB has grown to become the largest bank in Qatar controlling assets representing approximately 50% of the total banking system. QNB has the largest distribution network in the country with 32 local branches and offices, two international branches in London and Paris and 70 ATM's. QNB provides a full range of commercial banking activities for individuals, corporate institutions and government entities and the Bank's scope of products, services and delivery channels across all disciplines is unrivalled.
QNB has the highest credit rating among Qatari banks from leading rating agencies including Moody's, Fitch and Capital Intelligence. QNB is among the top 10 regional banks by Shareholders' Equity, with a ranking of 7th among the largest GCC banks as per MEES survey in September 2004. Internationally, it is ranked as 77th among the Top 250 Emerging Market Banks as per Euromoney survey in August 2004. Additionally, QNB has been the recipient of the award "Best Bank in Qatar" from leading international financial publications including: The Banker, Euromoney and Global Finance.
CTL Contact:
Edith Kessler-Charalambous
General Manager - Business Expansion
+44 20 7761 7800
QNB Contact:
Ali Abdul Ghani
Manager, Public Relations,
Corporate Communication
Posted by Anne-Birte Stensgaard, Senior News EditorTuesday, October 04 - 2005 at 08:06 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Sat Apr 07 2007.
Disclaimer:
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
It looks like you are using a Mac - check out our 
Web Feeds