Mashreq Qatar wins 3 major accolades at Banker Middle East Qatar Product Awards

Reflecting expertise as a Regional financial institution and its knowledge of the local market, Mashreq Qatar, the leading financial institution in the Middle East & North Africa, has been recognized at the 2016 Banker Middle East Qatar Product Awards. The Bank has received awards for Best Cash Management, Best Trade Finance and Best Treasury Management

The Banker Middle East Qatar Product Awards provide a benchmark for the financial sector, recognizing the most successful and innovative banking solutions. The prize ceremony was attended by Jan Willem Sudmann, Head of International Banking Group, Mashreq, Henk Jan Hoogendoorn, Country Head of Mashreq Qatar and senior officials from the Bank.

Henk Jan Hoogendoorn, Mashreq’s Country Head, Qatar commented: “Innovation and customer centricity are two key pillars in our day to day operations and we pride ourselves that we have the right expertise to offer the most efficient and effective financial solutions to our clients. It is of course great to be recognized and awarded not one, two but three prestigious awards from Banker Middle East Product Awards. Our dedicated teams make Mashreq Qatar a unique provider of Treasury, Trade and Cash management solutions in the country, which is what we believe sets us apart from the competition.” 

Jan Willem Sudmann, Head of International Banking Group, Mashreq said, “We are committed to providing our customers with compelling financial solutions that enriches their banking experience with us. Our success lies in the success of our clients and as always, we strive to continue offering a world-class propositions and service coupled with unmatchable delivery.” 

Mashreq Bank has been established in Qatar for more than 42 years and it has developed dedicated Treasury and Transaction Banking teams on the ground offering structured solutions across Treasury, Trade and Cash Management on both conventional and electronic banking platforms. The volumes and revenues across products have grown significantly in the Year 2015; trade has shown a growth of 40-50% across products while Treasury revenues have gone up by 30% year on year.