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D Anand, QIB's Personal Banking Group General Manager, said, 'QIB has embarked on several technological initiatives to enhance customers' experience.
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.
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.
Bassel Gamal, QIB Group Chief Executive Officer, commented on the event saying that " QIB's participation in the activities of the National Sport Day is a manifestation of our clear commitment towards meeting the State's vision and the specific objectives underlying these events which support sound values and good practices for both the individual and Qatar's community in general".
During Ramadan, QIB customers purchasing a vehicle from one of the nominated partners will enjoy discounted profit rates starting from 2.10 per cent (flat) or 4.00 per cent APR.
Nasser Marafih, CEO, Qtel Group, said: "QIB has done a great job in offering Qtel attractive terms, and this deal further strengthens the relationship between Qtel and QIB."
QIB assistant general manager retail banking Amer Al Jabri said the branch will enhance QIB's leading role to provide Islamic financial services to customers for different sectors, especially clients subscribing to QIB and Al Jazeera Financing, which is 30 percent owned by QIB.
The sale to QIB coincides with and supports the launch of a GFH rights issue designed to raise between $200-$300m of new capital which will conclude tomorrow.
The branch will enable the bank to serve thousands of passengers who pass through the airport daily, along with the QIB clients.
As is the case with all QIB cards, ladies will benefit from the one-time password security feature that the Bank has added when using the card for online purchases to protect customers' credit card and personal information.