Comprehensive Lending Facilities Availed from Enterprise Banking

Welcome to the ninth issue of our monthly newsletter for Small and Medium Enterprises. We aim to bring you news and information relevant to the growth and success of your business.

Inspired by Qatar, we believe everything is possible.

NewsletterEnterprise Banking

October 2012 ISSUE 9

Mr. Hazim Ahmad Wisbah, General Manager and Mohamed Khalil, Finance Manager of Metco Qatar with Anisa Jassim Alaghakhani, Relationship Manager, Enterprise Banking

Mr. Mohammad Ashfaq Khan, Asst. General Manager, Khyber Heavy Equipment and Trading Company with Rukshinie De Silva, Sr. Relationship Manager at Enterprise Banking’s HAK Centre at Grand Hamad Street.

Enterprise Banking, Commercialbank, successfully provided a

comprehensive financial package to Metco Qatar Trading WLL, a

trading and mechanical engineering services provider, operating in

Qatar since 2007. The company has been growing from strength to

strength and was provided tailored working capital facilities along

with project finance to meet its short term as well long term needs.

The company had earlier enrolled for Commercialbank’s Business

Technology solutions for HR and Payroll processing for 25 employees

working across its branches located at Salwa Road and Al Muntaza,

Doha.

Khyber Heavy Equipment and Trading Company recently availed

financing for purchase of heavy equipment to execute a large value

project for the New Doha Port. The customer was provided the

financing with minimum turnaround time, under the tailored

Enterprise Credit Programme, through efficient handling by the

Relationship and Credit teams of Enterprise Banking,

Commercialbank. The company employs over 100 direct staff and

seeks to expand operations in the coming years, with the support of

Enterprise Banking, Commercialbank.

Fast Turnaround for Heavy Equipment Finance

Tailored facilities were provided to Top Quality Auto Parts WLL, along

with other value added solutions for facilitating imports of auto parts.

The company has been engaged in this line of business for over 3

years. Top Quality Auto Parts employs 25 personnel and is located in Al

Attiyah Street, Industrial Area. The company seeks to avail more

facilities and solutions from Commercialbank and is being efficiently

serviced by Enterprise Banking, Commercialbank’s Bin Omran centre.

Through Enterprise Banking, Commercialbank endeavors to support

Small & Medium Enterprises and enable their sustained growth.

Facilitating Imports for SME Trading in Auto Parts

Mr. Mujeeb Alrahman, Marketing O�cer of Top Quality Auto Parts WLL with Mohammed Al-Malki, Relationship Manager, at Enterprise Banking’s Bin Omran Centre

Subtech Qatar Diving & Marine Services LLC, a sub-sea support service provider to the oil and gas industry, recently enrolled for the HR & Payroll Solution from Commercialbank’s Business Technology Solutions suite. The company sought the solution for its �exibility and user friendly features such as foreign currency salary payments. The company is impressed with the automated process and has done away with its previous manual salary processing. Mr. Raza Ullah Khan, Subtech’s Finance Manager, is pleased with the services as well as training provided by the bank and looks forward to more value added services from Commercialbank.

This is a �rst-of-its-kind o�ering from a bank in the region; a full portfolio of cloud applications, including HR and Payroll, E-mail and Sharepoint and Webhosting. The solutions are cost-e�ective, time e�cient and secure, as data is stored locally in Qatar, allowing SMEs to optimise resources, increase e�ciency and dedicate more time to growing their business.

Latest Customer to Avail Business Technology Solutions for SMEs

Mr. Raza Ullah Khan, Finance Manager-Middle East and Africa of Subtech Qatar Diving & Marine Services LLC with Aizaz Tahsildar, Manager, Business Technology Solutions, Enterprise Banking