1. For immediate Release
Attended by top decision makers in Washington
Qatari Banks host its annual reception at IMF & World
Bank meetings
Doha, 19 October 2013 - A group of Qatari Banks hosted a reception at
The Four Seasons Hotel in Washington on 12 October 2013, in
conjunction with the International Monetary Fund (IMF) and the World
Bank Group Annual Meetings.
The Qatari delegation at the reception was headed by H.E. Ali Shareef Al
Emadi, Minister of Finance and H.E. Sheikh Abdullah Bin Saud Al Thani,
Governor of Qatar Central Bank.
The delegation included Qatar’s Ministry of Finance, Qatar Central Bank,
Qatar Financial Centre (QFC), ahlibank, alkhaliji, Barwa Bank,
Commercialbank, Doha Bank, International Bank of Qatar, Qatar
International Islamic Bank, Qatar Islamic Bank and QNB.
The reception welcomed prominent bankers and key global policymakers,
with attendees including chairpersons and members of the boards and
management of GCC, Middle East and international banks, as well as
senior officials representing regulatory authorities from various countries
of the world. The Reception also hosted guests representing
governments, financial institutions, and the diplomatic missions to
Washington.
The Qatari Banks' Reception is held every year during the IMF and the
World Bank Group annual meetings to help promote the State of Qatar
and its robust financial sector whilst building long-term relationships with
industry leaders around the world. It provides an opportunity for
multilateral economic discussions and exchange of ideas between
officials representing the Qatari, GCC and International banks and
policymakers that attend the function.
The Boards of Governors of the World Bank Group and IMF hold their
Annual Meetings to discuss a range of issues including poverty reduction,
international economic development and finance. These annual meetings
provide a forum for international cooperation and enable the World Bank
and IMF to better serve their member countries.
The seminars to be held during the meetings are expected to provide a
platform for global policy discussions and coordination.
-Ends-

2. About QNB Group
Qatar National Bank (QNB Group) was established in 1964 as the country’s first Qatariowned commercial bank, has an ownership structure split between the Qatar Investment
Authority (50%) and the private sector (50%).
QNB Group has steadily grown to be the largest bank in the Middle East and North
Africa Region and is by far the leading financial institution in the country with a market
share exceeding 45% of banking sector assets.
Bloomberg Markets, the leading provider of Business, Financial and Economic news has
ranked QNB as the World’s Strongest Bank in its 2012 ranking. The 78 banks in
Bloomberg’s ranking list included some of the largest and most renowned financial
institutions in the world, with QNB being the only bank from the MENA Region.QNB also
got 3 prestigious awards from Global Finance Magazine, among them is Best
Investment Bank in Frontier Markets, and became the first bank worldwide to get this
newly introduced category award.
The Group recorded net profit, for the nine months ended 30 th September, of QR 7.1
billion, up by 14.1%4.Compared to the same period last year. . Total assets increased
by 24.5% since 30 September 2012 to QR 437 billion, the highest ever achieved by the
Group.
QNB Group continued to witness robust international expansion as the Group
successfully completed the acquisition of a controlling stake in Egypt's NSGB amounting
to 97.12% during Q1, 2013. The Group has also extended its regional reach by
acquiring stakes in various financial institutions including 35% stake in the Jordanbased, theHousing Bank for Trade and Finance (HBTF), 40% in Commercial Bank
International (CBI) based in the United Arab Emirates (UAE), 99.96% of the QNBTunisia, 51% in the Iraqi-based Mansour Bank, 49% of the Libyan based Commerce &
Development Bank and 20% stake in Al Jazeera Finance Company in Doha. QNB
Group also retains 51% stake in QNB-Syria and a 70% stake in QNB Kesawan in
Indonesia.
QNB Group received recently all regulatory approvals to open a representative office in
China, and to establish a fully owned subsidiary in India under the name of “QNB (India)
Private Limited.
With the addition of the new subsidiary in India and the new office in China, the Group’s
presence through its subsidiaries and associate companies increased to 26 countries
providing a comprehensive range of advanced products and services. The total number
of staff is almost 13,500 operating from over 570 locations, with an ATM network around
1,200 machines.
The Group provides an array of investment banking services through its subsidiary, QNB
Capital, to corporate, government and institutional clients within Qatar and globally. QNB
Capital has one of the best corporate finance teams in the GCC region offering
extensive transaction experience and in depth advisory – including mergers and
acquisitions, equity and debt capital markets, and project financing advisory. The Group
also offers brokerage services through its subsidiary, QNB Financial Services (QNB FS),
the first independently regulated, licensed brokerage company launched by a bank in
Qatar. QNB FS offers a multi-market, multi-currency trading platform with access to
several markets.
QNB Group is among the highest rated regional banks from leading credit rating
agencies including Standard & Poor’s (A+), Moody’s (Aa3), Fitch (A+), and Capital
Intelligence (AA-). The Bank has also been the recipient of many awards from leading
international specialized financial publications.
Based on the Group’s continuous strong performance and the expanding international
presence, the bank is currently ranked as the most valuable brand in the MENA region,
with a current world ranking of 120 in 2013.

3. QNB Group has an active community support program and sponsors various social,
educational, and sporting events.
****
For further information, please contact QNB’s Public Relations Department at (+974)
44975704, Fax (+974) 44252589, email: PR@qnb.com.qa or visit QNB’s website
www.qnb.com.qa