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May 20, 2015

Commercial Bank’s subsidiary to offer Diners Club credit cards in Turkey

Commercial Bank of Qatar has granted its Turkish subsidiary, ABank, exclusive rights to issue Diners Club credit cards in Turkey.

By Verdict Staff

Commercial Bank of Qatar has granted its Turkish subsidiary, ABank, exclusive rights to issue Diners Club credit cards in Turkey.

The move will allow ABank to provide a range of new credit card products to Turkish consumers besides its existing range of consumer and commercial cards.

Diners Club Credit Cards will offer customer’s exclusive access to Diners Club lounges across Doha.

The cards will also feature benefits such as 0% buy now pay later at over 200 outlets, exclusive offers on travel, dining and shopping in Qatar and overseas as well as complimentary access to over 500 global airport lounges and complimentary travel insurance.

In July 2013, Commercial Bank has acquired a 70.84% stake in Alternatifbank (ABank) in Turkey from Anadolu Endustri Holding.

Commercial Bank CEO Abdulla Saleh Al Raisi said: "We consider this agreement as significant towards expanding our business by providing our customers with a new product, opening new business opportunities and supporting business activities for all our customers."

Diners Club International president Eduardo Tobon said: "Working with ABank, a Turkish subsidiary of Commercial Bank, will allow Diners Club to grow its presence in Turkey within the business traveler space, as well as meeting the needs of a well-established customer base and offer better support to multinational customers."

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