Commercial Bank, Qatar’s first private bank, celebrated Qatar National Day by distributing gifts at:
– Dhreima Qatar Orphan Foundation;
– Shafallah Centre for children with special needs;
– And six independent schools.
Gifts were also distributed at the Home for the Elderly, and volunteers distributed the Bank’s branded National Day Badges and scarves to children and customers at Commercial Bank branches across Doha and at the Katara Cultural Village.
To celebrate this special occasion, Andrew Stevens, Commercial Bank’s Group CEO and Abdulla Saleh Al Raisi, Commercial Bank’s CEO led a cake cutting ceremony for staff at Commercial Bank Plaza and in Grand Hamad Street branch, and National Day gifts and pins were given to all staff on behalf of the Bank’s board members.
Commercial Bank’s CEO Abdulla Saleh Al Raisi said: “This is a happy day for the Qatari people, and we are all proud to celebrate our great nation’s achievements. We are honoured to extend warm congratulations to His Highness the Emir Sheikh Tamim bin Hamad Al Thani, Emir of the State of Qatar, His Highness the Father Emir Sheikh Hamad bin Khalifa Al Thani, and to all Qataris on an occasion that is dear to our hearts. Commercial Bank is dedicated to supporting all members of Qatari society and this National Day, we are happy to devote our time and resources to Qatar. We hope our beloved nation will always be blessed with peace and prosperity.”
Group. Anadolu Group remains a significant shareholder holding 25% of shares in Abank.
ABank is a mid-size Turkish bank that predominately serves medium-sized companies through a country-wide network of 73 branches in 27 cities (as of 30 September 2013). ABank provides commercial/corporate banking services and products, with a special focus on the growing segment of Small and Medium-Sized Enterprises. The Bank’s main product ranges cover trade finance instruments, working capital finance, cash management, and portfolio management. The Bank has also recently made a strategic decision to re-enter Retail Banking, targeting “mass affluent segment” in terms of customer profile with tailor made products.
At the end of September 2013, ABank had total assets of TL 9.4 billion ($ 4.6bn), total loans stood at TL 5.9 billion, customer deposits of TL 4.2 billion and shareholders’ equity of TL 610 million.