Commercial Bank wins three Mastercard awards

Doha, Qatar - Mastercard has bestowed three prestigious awards upon Commercial Bank, underscoring the bank's dominance in premium banking, innovative payments, and engagement with affluent consumers. The accolades honor Commercial Bank's unwavering dedication to delivering outstanding experiences to its high-net-worth clientele via its flagship Limited Edition Mastercard World Elite card collection.

One award highlighted Commercial Bank's leading position in transaction volume per Mastercard World Elite Card, underscoring the enduring triumph of the bank's premium card offering throughout the region. Another award celebrated the remarkable design and craftsmanship of the Limited Edition Mastercard World Elite Gold Metal card, which boasts a fully engraved gold appearance.

Commercial Bank also claimed the Affluent Banking Excellence Award, recognizing its persistent investment in constructing one of the region's premier premium card portfolios. Group Chief Executive Officer Stephen Moss expressed delight at receiving these three esteemed Mastercard accolades, particularly the recognition for the highest spend per card account in the region for three consecutive years.

This success, he said, is a testament to the commitment of his teams and the robust partnership with Mastercard as the bank continues to set new standards in premium banking and payments.

Shahnawaz Rashid, Executive General Manager and Head of Retail Banking at Commercial Bank, emphasized that these awards validate the bank's strategy of offering market-leading products to its most valued customers. The Limited Edition Mastercard World Elite collection, meticulously crafted to incorporate premium benefits, exclusive lifestyle experiences, and distinctive card designs, has clearly resonated with high-net-worth individuals.

Rashid is eager to build upon these achievements by developing new differentiated offerings together with Mastercard.

Mastercard's Division President for East Arabia, Mark Elliott, echoed the sentiment, highlighting the shared commitment of Mastercard and Commercial Bank to innovation and creating value for consumers. The three awards, he noted, recognize Commercial Bank's leadership in shaping the affluent banking segment in the country. Elliott expressed pride in the collaboration that birthed the Limited Edition Mastercard World Elite card portfolio and confidence that their partnership will yield many more milestones in the future.