Commercial Bank wins cash management mandate for Texas A&M at Qatar

Commercial Bank has provided cash management services to Texas A&M at Qatar for the last five years and was reappointed following a highly competitive tender process involving other Qatari banks. Commercial Bank’s Transaction Banking Department has been awarded the exclusive cash management mandate for Texas A&M University at Qatar. Commercial Bank has provided cash management services to Texas A&M at Qatar for the last five years and was reappointed following a highly competitive tender process involving other Qatari banks.

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Commercial Bank Group CEO Joseph Abraham said, “Commercial Bank is known for its longstanding customer relationships built on a commitment to delivering the best client experience and providing innovative new technologies.” Commercial Bank EGM, head of Wholesale Banking, Raju Buddhiraju said, “We are delighted to have been selected to provide cash management services to this premium higher education client.

“Commercial Bank is the market leader for cash management in Qatar, and retaining our mandate for Texas A&M at Qatar for the last five years demonstrates not only our technical capabilities and experience in cash management, but also the high level of service we provide to our customers.” In recognition of its market-leading position across a wide range of banking services, Commercial Bank has won numerous awards that underline its strategic objectives of creativity, innovation, and providing the best client experience.

Commercial Bank was awarded the ‘Best Retail Bank in Qatar’ and named the ‘SME Bank of the Year in the Middle East’ for 2017 by The Asian Banker based on its specialised banking services for small and medium-sized enterprise business customers. Commercial Bank also won the ‘Best Cash Management Bank in Qatar’ award at The Asian Banker Middle East & Africa Transaction Banking Awards in 2017, adding to the same national award in 2016.

Sources and Photo-credits: Gulf Times