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CB named best performing bank in Qatar by The Banker's ranking
CB named best performing bank in Qatar by The Banker's ranking

Qatar Tribune

time14-07-2025

  • Business
  • Qatar Tribune

CB named best performing bank in Qatar by The Banker's ranking

Tribune News Network Doha Commercial Bank, a leading financial institution in Qatar renowned for its cutting-edge digital banking capabilities, has been recognised as the Best Performing Bank in Qatar in The Banker magazine's prestigious Top 1000 World Banks Rankings 2025. The bank also earned a prominent distinction as one of the top 3 highest movers in the Middle East, reflecting its exceptional year-on-year growth in performance and strategic execution. Published annually, The Banker's Top 1000 World Banks is the most authoritative and comprehensive global ranking of financial institutions, widely regarded as the definitive benchmark for international banking excellence. Rankings are determined based on audited year-end financials, with a particular emphasis on Tier 1 capital strength — a critical measure of a bank's financial stability and resilience. Recognition in this index signifies both operational soundness and sustained performance on a global scale. Commercial Bank Group Chief Executive Officer Joseph Abraham expressed pride at the announcement, calling it a major milestone in the bank's ongoing journey. 'This recognition marks a significant milestone in our journey and stands as a strong testament to the bank's solid capital foundation, disciplined strategic execution, and operational resilience,' he said. 'It reflects the collective dedication of our team, the trust of our clients, and the continued support of our stakeholders. We are proud to represent Qatar on the global stage and to be ranked among the region's top-performing banks. This achievement further reinforces our commitment to delivering sustainable value and driving long-term growth.' The 2025 edition of The Banker rankings, based on audited financial results as of 31 December 2024, is particularly significant as it is the first to incorporate end-of-year data reflecting the latest performance metrics from banks around the world. Commercial Bank's appearance at the top of the national rankings and among the highest climbers regionally is indicative of its robust fundamentals and dynamic adaptability in a challenging and competitive financial landscape. The accolade also highlights the strategic progress made by the bank across a range of critical areas. Commercial Bank has been at the forefront of Qatar's digital banking revolution, investing heavily in artificial intelligence, data analytics, and customer-centric platforms to improve service delivery and operational efficiency. Its focus on innovation has allowed it to meet evolving customer expectations while maintaining strict standards of risk management and financial governance.

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