Doha: International Bank of Qatar (ibq) has won the “Best Loyalty Programme in the Middle East and Africa” for its innovative reward programme ‘thanq’ at the MasterCard Innovation Forum 2014, held recently in Singapore.
‘thanq’ is the most rewarding and innovative rewards programme offered by ibq. Customers get the chance to accumulate points by using the Bank’s wide range of products. These points can be redeemed for tempting holiday destinations or business travel with over 800 airlines, 160,000 hotels and car rental services worldwide.
Andrew Ball, Head of Retail Banking at ibq said: “thanq is a real example of an immensely successful, customer-centric and market-defining product innovation in Qatar. This recognition from MasterCard at a high profile and internationally renowned industry forum; reflects and underlines at the highest level, ibq’s ability to be at the forefront of creating value for our customers and the bank.”
“Our innovation awards are intended to recognize our partners who have demonstrated a profound understanding of consumer needs in our industry and delivered meaningful payment solutions across the region.” said Raghav Prasad, General Manager for Gulf Countries at MasterCard. “As Qatar’s leading loyalty program, ibq’s thanq is an example of how consumer-centric programs play an integral role in changing the landscape of reward programmes.”
The Peninsula
