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QNB Participates in Cityscape Qatar 2012
1. QNB Participates in Cityscape Qatar 2012
Doha, 20 May 2012: QNB announced that it will participate in Cityscape Qatar
2012, to be held at Doha Exhibition Centre on May 23rd to May 25th.
QNB's participation in the exhibition comes in line with the diligent efforts made by
the Country to achieve prosperity and development in all areas, as part of Qatar
vision 2030, in addition to expanding and diversifying the local economic foundation
and reduce its fiscal dependency on the hydrocarbon sector.
QNB also aims from this participation to provide the best finance opportunities for
the real estate sector to develop new projects, which are vital pillars for Qatar to
host 2022 FIFA World Cup, and to achieve sustainable growth thereafter.
QNB stand will feature an experienced team of real estate and financing
professionals dedicated to help visitors learn more about the financing opportunities
offered by the Bank. Visitors can also learn about QNB’s wide range of investment
property financing options.
The Bank offers competitive financing rates and a full range of services through the
recently launched Mortgage Loan Center. This specialized center for real estate
finance, merges all real estate financing resources under one roof, in order to
achieve the best approval time in the market, and provide customers with
unparalleled service.
QNB Mortgage Loan Center, located at the C-Ring Road branch, is staffed by
specialized financial advisors who will work with customers and guide them from
the initial application step until the process is completed.
2. -Ends-
About QNB Group
Qatar National Bank (QNB), established in 1964 as the country’s first Qatari-owned 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 among the largest banks 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.
QNB Group has witnessed rapid international expansion in the past few years and operates in
24 countries around the world through its network, subsidiaries and associate companies
employing about 7,000 staff from 334 branch and offices that are supported by an ATM network
that exceeds 600 machines.
The Group has also extended its regional reach by acquiring stakes in various financial
institutions including 35% stake in the Jordan-based, The Housing Bank for Trade and Finance
(HBTF), 24% in Commercial Bank International (CBI) based in the United Arab Emirates (UAE),
50% of the Tunisian-Qatari Bank, 51% in the Iraqi-based Mansour Bank, 49% in the Libyan
Bank of Commerce and Development and 20% stake in Al Jazeera Finance Company in Doha.
QNB Group also retains 51% stake in QNB-Syria, a private stock company established jointly
with other Syrian private and public sector institutions which started operations mid November
2009 and operates today more than 15 branches in the Syrian Republic.
QNB Capital, a subsidiary of QNB Group, was established in 2008 providing an array of
investment banking services to corporate, government and institutional clients within Qatar and
globally. These include one of the best corporate finance teams in the GCC region offering
extensive transaction experience, in depth advisory services – including mergers and
acquisitions, equity, debt and project advisory, as well as first-class research capabilities.
QNB Financial Services (QNB FS) commenced trading on the Qatar Exchange in May 2011 and
is the first independently regulated, licensed brokerage unit launched by a bank in Qatar. QNB
FS brokerage offers a multi-market, multi-currency trading platform with access to several GCC
markets including Qatar, UAE, and Oman. It also provides a trading solution for buying and
selling securities on the US and European markets. QNB FS’ technology platform is enhanced
by its in-house research team who provide fundamental research and analysis, sector reviews,
and daily commentary on QE listed equities. Its advisory and brokerage teams are structured to
service institutional investors, mutual funds, high-net worth individuals, retail and corporate
clients locally, regionally, and globally.
3. QNB Group is among the highest rated regional banks from leading credit rating agencies
including Standard & Poor’s, Moody’s, Fitch, and Capital Intelligence. The Bank has also been
the recipient of many awards from leading international specialized financial publications.
QNB Group has an active community support program and sponsors various social,
educational, and sporting events
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For further information, please contact QNB’s Public Relations Department at (+974) 44252477, Fax (+974)
44252589, email: PR@qnb.com.qa or visit QNB’s website www.qnb.com.qa