Doha, April 13 2010: al khaliji, the region's 'next generation bank', participates in "Project Qatar 2010", aiming to support Qatar's Construction market by extending support to small businesses, medium enterprises and large corporates. Through this participation, al khaliji will offer its most innovative range of products and services designed to meet the financial & business needs of these sectors. At the forefront of the Bank's commitment to small and medium size business, al khaliji is offering its "Fusion" account for companies, Qatar's first and only business account offering flexible transactions with interest and cheque book facilities on a corporate current account.
In today's competitive world where companies need a reliable banking partner to provide a range of solutions specially designed to help businesses grow, al khaliji helps ambitious Qatari businesses benefit from a wide range of products such as Trade and Working Capital, Cash Management Solutions, Invoice Discounting, Contract Financing & Supply Chain Financing .
"Qatar's infrastructure developments are growing at an accelerated pace, and this has increased the demand for players in the construction and contracting sectors over the next three to five years. al khaliji is fully committed to participate in this growth, and as part of our medium term strategy we are offering market leading products and services to serve small businesses through to large corporates looking to expand and grow," promises al khaliji Chairman and Managing Director, Sheikh Hamad Bin Faisal Bin Thani Al Thani.
al khaliji is offering exhibitors and visitors in Project Qatar its Business Instalment Loan featuring 'no security, no collateral', flexible loan amounts between QAR100,000 and QAR 500,000, loan terms between 12 and 36 months, low interest rates and fast approval.
Providing the crucial element of trust at the heart of the bank-customer business relationship is al khaliji's team of 30 experienced Relationship Managers. From starting a business to business expansion, al khaliji Relationship Managers are dedicated to providing flexible financial solutions and advice to help Qatar companies achieve their goals.
"Opportunity is what every business is looking for - but leveraging an identified opportunity is only done effectively with proper planning, determination and support by a bank that understands this opportunity. Whether a company requires money to move business premises, buy new equipment or improve its cash flow, it can benefit from al khaliji's 'no security, no collateral' Business Instalment Loan to boost working capital up to QAR 500,000,". In case of contractors working with government pay masters, al khaliji's smart contracting products helps customers finance their contracts smoothly" says al khaliji Group Head of Business Banking, Satish Kumaraswami.
Demonstrating the bank's leading position in Qatar's banking sector, al khaliji recently hosted Qatar's first Business Banking Forum in collaboration with KPMG and the Ministry of Business and Trade. Bringing together leading Qatar-based small and medium-sized enterprises with al khaliji top management, the al khaliji Business Banking Forum promoted business growth and strengthened the working relationships between banks and SMEs.
al khaliji Business Banking Relationship Managers will be available throughout the 4-day Project Qatar 2010 exhibition for free one-to-one consultations with existing and potential clients on the al khaliji stand displayed in Hall 1 at Qatar's Exhibition Hall. Alternatively call al khaliji Business Banking on 494 0000 or visit the bank's C Ring Road or Q-Post branches.