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 Press ReleaseQNB Platinum Sponsor of 3rdNational Conference on InternalAuditing 2013Doha, May 15th, 2013 – Qatar National...
 About	  QNB	  Group	  	  	  Qatar	   National	   Bank	   (QNB	   Group)	   was	   established	   in	   1964	   as	   the	...
 Based	  on	  the	  Group’s	  continuous	  strong	  performance	  and	  the	  expanding	  international	  presence,	  the	...
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Qnb platinum sponsor of 3rd national conference on internal auditing 2013

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Qnb platinum sponsor of 3rd national conference on internal auditing 2013

  1. 1.  Press ReleaseQNB Platinum Sponsor of 3rdNational Conference on InternalAuditing 2013Doha, May 15th, 2013 – Qatar National Bank (QNB), the largest financial institution inthe State of Qatar and the MENA region, has announced its Platinum sponsorship ofthe third National Conference on Internal Auditing 2013 to be held at the College of theNorth Atlantic Qatar from the 18th to 20th of May.The event will be under the patronage of H.E. Abdullah Bin Hamad Al Attiyah, Chairmanof the Administrative Control and Transparency Authority. This year’s conference themeis “The value of an effective Internal Auditing Function”.The event will showcase a series of seminars and workshops with a particular focus onhow the internal audit function can add value to any organization.Meanwhile, the conference will also examine how both individuals and organisationscan effectively deal with the multiple present day challenges such as the onset ofintense competition, advancing technology, regulatory complexities, changing businessdynamics and increasing expectations of stakeholders.The workshops and seminars chosen are all in line with the requirements to assist in therealization of the Qatar National Vision 2030 and more specifically, to building aknowledge based society.QNB has always been a supporter of the National Vision, and continues to ensure thatthe bank’s values, mission and vision draw parallels to the country’s longer term aims.In addition, QNB highlighted that the National Conference on Internal Auditing 2013presents an excellent opportunity for Audit, IT, Governance, Compliance, RiskManagement, Forensic and Accounting professionals in Qatar and the region to interactand network with global leaders in the same profession.QNB has always been committed to sponsoring events such as this one as thisdemonstrates the Bank’s unwavering support, but also shows that sponsorship is key inorder to economically contribute to and enhance the communities that QNB operates in.** Ends **
  2. 2.  About  QNB  Group      Qatar   National   Bank   (QNB   Group)   was   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  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.      The  Group  recorded  a  net  profit  of  QR8.3  billion  in  the  year  ended  31  December  2012,  up  by  11.1%  compared  to  the  same  period  last  year,  demonstrating  QNB  Group’s  success  across  business  activities  and   the   ability   to   achieve   strong   growth   in   profitability   for   the   benefit   of   shareholders.   Total   assets  increased  by  21.5%  since  2011  to  reach  QR367  billion,  the  highest  ever  achieved  by  the  Group.    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  8,800  staff,  along  with  a  network  of  400  branches  and  offices  and  an  ATM  network  that  exceeds  800  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),   40%   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%  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.    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,   in   depth  advisory   services   –   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  brokerage  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.    
  3. 3.  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  world  ranking  of  114  from  189  in  2011.  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

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