• Offers cardholders up to 15 %  discount on dining at top hotels in addition to 5% Cash Back
• New promotion in response to strong customer take up of all new cards

Dining Promotion - Main Visual

Doha, January 25, 2009: Further highlighting its commitment to optimise value proposition for its cardholders, IBQ announced the launch of its second promotion under the merchant partner programme, offering up to 15 per cent discount on dining at a range of top hotels within the country. The discount promotion, titled “Perfect Recipe,” is available to all Platinum and Infinite credit cardholders of IBQ and is in effect from January 15 until February 28, 2010.

This exclusive promotion is in addition to the 5% Cash Back on all purchases currently offered by IBQ to its card members. The “Perfect Recipe” offer is valid on dining transactions at a wide range of premium restaurants located in Qatar’s leading luxury hotels. The hotels currently offering this unique promotional discount include Four Seasons Hotel, The Ritz Carlton, W Doha, Sheraton, The Intercontinental, and The Sharq Village Resort and Spa, all based in Doha.

“At IBQ, we believe that the key to our continued success lies in constantly exploring new ways to enhance our cardholder experience,” said Philip King, AGM of Retail Banking, IBQ. “We look to do this by forging new partnerships and offering more valuable discounts to our customers, on an ongoing basis. ‘Perfect Recipe,’ our second card-linked promotion in less than two months, has been developed in line with our pledge to make high-quality products and services more accessible to our customers.”

Driven by its continuing focus on serving diverse customer needs, IBQ’s credit card range, including IBQ Gold MasterCard, IBQ Platinum Visa and IBQ Infinite Visa, has continued to meet with a strong response.

“As a retail bank of choice within Qatar, it is our goal to be able to make a positive difference to the lifestyle aspirations of our customers. We are highly encouraged by the robust growth in our customer base and the continuing strong customer response to our full range of credit cards. In this regard, I am also delighted to note that the next 12 months will see a host of exciting rewards and promotions being offered by IBQ,” said King.

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