QIB


Also found in: Financial.
AcronymDefinition
QIBQualified Institutional Buyer
QIBQatar Islamic Bank (Qatar)
QIBQuilmes International Bermuda, Ltd. (Quinsa subsidiary)
QIBQuebec International Bonspiel (Canada)
QIBQuality Improvement Activities
QIBQatar Investment Board
References in periodicals archive ?
The new facial recognition technology, which is the latest authentication standards to login to smartphone devices and subsequently the applications, would add further security and convenience for the increasing number of QIB mobile app registered customers.
QIB chief executive Bassel Gamal said, 'QIB has become a leading financier to the energy sector capable of delivering structured Islamic solutions that match our clients sophisticated needs while ensuring careful credit risk management.
Being able to use their QIB debit cards online gives our customers more options for managing their purchases and payments - and the peace of mind that their transactions are always secure.
Tarek Fawzi, general manager of wholesale banking representing QIB and Ayman Ahmed, managing director of Jaidah Equipment, signed the deal at the bank's corporate headquarters in Doha.
Also, as a part of this project, QIB will enhance the strength of its IT infrastructure with the use of security firewalls, network access control, data centre switches upgrade and the technology refresh of its entire telephony system.
QIB was established in 1982 and listed at Qatar stock exchange in 1997.
QIB had already reported a 25 per cent slump in first-quarter net profit in April.
QIB assumed the role of sole mandated lead arranger and investment agent for the deal.
QIB said net profit in the second quarter of 2011 alone grew by 27% to QAR382m.
QIB said that the new branch, QIB's 27th branch, is part of its plan to reach 35 branches by 2012.
Qinvest, now Qatar's leading investment bank, was conceived by GFH in partnership with QIB and launched in 2007.
Wachovia Securities recently integrated Communicator's QIB service into its compliance processes.