CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Masraf Al Rayan bags 'Best Arab Bank Award 2016'

Published: 04 Dec 2016 - 10:29 pm | Last Updated: 04 Nov 2021 - 05:01 pm
Officials of Masraf Al Rayan receiving the  “Best Arab Bank Award 2016” in Morocco.

Officials of Masraf Al Rayan receiving the “Best Arab Bank Award 2016” in Morocco.

The Peninsula

Masraf Al Rayan, one of the leading banks in Qatar and the region, has won the “Best Arab Bank Award 2016” in its first edition launched in Marrakech, Kingdom of Morocco.
The nomination criteria for the business and financial services sector were based on several standards; one being the degree of flexibility of the business model adopted, products and services marketing plan, the financial and social return, the role and activities of the corporate social responsibility, the risk assessment and risk mitigation processes, the cumulative experience of senior management team and quantity and quality of decisions of members of the senior management team in responding to the challenges of local, regional and international business. The top winners were chosen in many sub-categories including the financial services and energy sectors, food industry, transportation logistics sector, telecom, retail, healthcare, information technology, media and publishing, agricultural sector, research, insurance and real estate sector petrochemical sector of various Arabic countries.
Nasser Raeissi, AGM Human Resources and Administration, said: “Masraf Al Rayan is honored to win this award and thankful to the organising committee on the initiative and idea of recognizing and honoring leading Arab institutions in business and financial sectors, which will reflect positively on improving performance and service indicators to ensure competitiveness at local, regional and global levels”.
Masraf Al Rayan was granted this certificate in recognition of its outstanding efforts in achieving high employment rates in the provision of job opportunities for GCC citizens and localization of job opportunities at the regional level.