Doha: Commercial Bank, a leader in digital financial innovation in Qatar, has been featured in the latest global platform video by Oxford Business Group, which delves into the country’s financial sector and highlights its focus on technological innovation and sustainable growth.

In the video, Shahnawaz Rashid, Executive General Manager and Head of Retail Banking at Commercial Bank, discusses the critical role the banking industry plays in driving sustainability and economic growth.

He highlights key initiatives aimed at reducing carbon emissions, digitizing banking services, and utilizing artificial intelligence.

Shahnawaz also underscores the significance of Qatar’s National Fintech Strategy, launched in 2023 by the Central Bank of Qatar, which seeks to position the country as a regional leader in financial innovation. 

He further details Commercial Bank’s green initiatives, including financing for electric vehicles and sustainable real estate projects, while emphasizing the use of AI and data architecture to offer customize financial solutions to clients and supporting Qatar’s economic growth. 

“The banking sector in Qatar is making significant strides in embracing technology and sustainability. By adopting financial technology and reducing carbon emissions, we are positioning ourselves as a key partner in the Nation’s economic development,” Shahnawaz remarked.

“Our video illustrates how Qatar’s banking sector is advancing through innovation and a clear commitment to sustainability, in line with Qatar National Vision 2030. 

This collaboration reflects the importance of driving green initiatives while ensuring economic stability and growth” Marc-André de Blois, Director of PR and Video Content at Oxford Business Group. To watch the video, click here.