Edaa, AlRayan Bank sign pact to issue national investor number
Qatar Central Securities Depository (Edaa) signed a co-operation agreement with AlRayan Bank, making it the first bank in Qatar to enable its customers to apply for a National Investor Number and upda...
On <date>, the Qatar Central Securities Depository (Edaa) and AlRayan Bank signed a cooperation agreement, establishing AlRayan Bank as the first bank in Qatar to offer its customers a direct digital path to obtain a National Investor Number and update shareholder details with Edaa. This electronic system streamlines the process for both existing and new Al Rayan Bank clients, eliminating the need to submit separate applications to Edaa.
The National Investor Number serves as the initial step for investors seeking to engage with the Qatari financial market. Edaa's CEO, Sheikh Mohammed bin Jassim al-Thani, emphasized the significance of simplifying this first step, making it secure and accessible to all. AlRayan Bank's CEO, Omar al-Emadi, expressed enthusiasm over becoming the first bank in Qatar to provide direct digital access to Edaa's National Investor Number services through its digital channels.
This partnership reflects the bank's dedication to simplifying customer experiences and offering seamless, convenient access to essential services. By integrating this crucial step into its digital banking ecosystem, AlRayan Bank aims to enhance customer participation in Qatar's capital market while providing a more flexible and efficient financial experience.
Al-Emadi expressed his aspiration to continue collaborating with Edaa, contributing to the development of a more accessible and efficient financial system, as well as advancing digital transformation in Qatar.
Written by urgent.news from Gulf Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
