QIB wins 'Best App to Encourage Financial Inclusion' global award

Doha: Qatar Islamic Bank (QIB), Qatar s leading digital bank, received the Best App to Encourage Financial Inclusion award from Global Finance Magaz...

Doha: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, received the “Best App to Encourage Financial Inclusion” award from Global Finance Magazine as part of their World Top Innovators in Finance for 2024 for its recently introduced QIB Lite App.

The award recognises QIB’s efforts to enhance financial accessibility through its user-friendly QIB Lite App, a simplified multilingual version of its award-winning QIB Mobile App catered to provide accessibility and ease of use to workers.

On this occasion, D Anand, QIB’s General Manager – Personal Banking Group said: “We are pleased to be recognized by Global Finance for our efforts in fostering financial inclusion in Qatar. Understanding and fulfilling our customers’ needs through digital innovation is a top priority. The QIB Lite App is the result of such thorough research to comprehend the banking requirements of the workers’ community. Our goal is to encourage the adoption of digital banking and to ensure universal access to essential financial services.” 

In addition to this global recognition, QIB’s financial inclusion initiatives earned regional acclaim from EMEA Finance in March 2024, further validating the bank’s dedication to fostering inclusive financial practices.