Complex Made Simple

IBQ bags Best Private Banking Service award in Qatar

International Bank of Qatar, (ibq), has been recognised by Banker Middle East with the prestigious ‘Best Private Banking Service’ accolade in its Banking Product Awards for 2014. This is in recognition of ibq’s unrivalled private banking services, as evidenced by ibq’s private clients’ loyalty to the brand across generations.

The Banker Middle East Awards are among the most important recognition for the financial services industry in the region. The Banker Middle East Qatar Product Awards 2014 are designed to identify and reward quality and excellence in financial products and services. With more than a decade of experience in running Awards programmes for the financial services industry, Banker Middle East understands the importance of best-in-class benchmarks that are growing a dynamic and successful regional finance industry.

Jabra Ghandour, Managing Director of ibq, said: “We are very proud to have received this significant award. Being recognised by Banker Middle East serves to underline our private banking excellent offerings for private wealth management services. It also highlights how ibq is fully equipped and focused on providing the best banking customer service and financial expertise to HNWI and ultra HNWI in Qatar.”

With a tailor-made suite of banking and wealth management services, ibq’s Private Banking has maintained its position as a truly pioneering Qatari bank. Its long-standing legacy within the local high net worth and ultra-high net worth community dates back to the early beginnings of the Bank in 1956.

“Since inception, we, at ibq, have built a name for bringing to the market a unique combination of tradition, innovation and most importantly prudence in portfolio management. We have developed enduring and long lasting relationships with our clients for over 50 years. Offering them access to high-quality services from a trusted and reliable partner has meant we have been perfectly positioned to help them meet their financial and wealth management objectives. Last but not least, I would like to thank our team of experts for their valuable contribution to ibq winning such an important award,” added Ghandour.

Chaouki Daher, DGM and Head of Private Banking at ibq, said: “This is a major milestone for ibq Private Banking. At ibq’s Private Banking division, we pride ourselves on our core values of privacy, confidentiality and integrity. Being one of the oldest banks in Qatar, we are able to offer unparalleled levels of know-how and experience to our valued clients whom we’ve been serving for generations.” “ibq’s private banking experts are at the forefront of the industry providing some of the most in-depth knowledge of confidential and personalised banking services for high net worth and ultra high net worth individuals in Qatar,” added Daher.

ibq’s track record is borne out by the many recent awards it has received. For its exceptional Private Banking services and its focus on long-term client relationships ibq was earlier recognised as the “Private Bank of the Year 2014” in Qatar by the International Banker. For two years in a row, ibq also previously received the prestigious Euromoney’s award for the “Best Private Bank for Privacy and Security in Qatar 2013.” Then in 2012, ibq was also awarded by Euromoney for “Best Private Banking Services for HNWI and UHNWI” in Qatar.