الأربعاء، 27 مايو 2015

Qatar National Bank (QNB Group)



Qatar National Bank (QNB Group)

It was established Qatar National Bank (QNB Group) in 1964 as the first Qatari-owned commercial bank, ownership structure split between Qatar Investment by 50% and the private sector with the remaining 50%.

QNB Group continued to achieve strong growth rates since become the largest financial institution in the Middle East and North Africa region, and the leading bank in the state Basthawwazh the proportion exceeds 45% of the total domestic assets of the banking sector.
I got QNB Group on first place in the list of the magazine "Bloomberg Markets" (Bloomberg Markets), a leader in the field of economy and finance news magazine, the strongest banks in the world for 2012. The list includes 78 banks are among the largest and best-known banks around the world, where the QNB Group only from the Middle East and North Africa financial institution in this list.

During the first three months of 2014 amounted to QNB Group net profit of 2.4 billion riyals (US $ 668 million), an increase of 13.7% compared with the same period last year. The Group's total assets increased by 20.6% since March 31, 2013 to reach 458 billion riyals (125.9 billion US dollars), the highest level in the history of the bank.

QNB Group continued strong external expansion successfully, where he witnessed the first quarter of 2013 to complete the acquisition of the controlling stake by 97.12% in the second largest bank in the Arab Republic of Egypt process, is QNB Al Ahli Bank (QNB AA), which was formerly known as NSGB . It also strengthened QNB Group of regional presence during the last period through the acquisition of stakes in a number of financial institutions including 35% of the Housing Bank for Trade and Finance in Jordan, and 40% of the Commercial International Bank, based in the United Arab Emirates, and the ratio of 99.96% of QNB - Tunisia, and 51% of the Iraqi Al-Mansour Bank, and 49% of the Trade and Development Bank in Libya, and 20% of the island Finance Company in Doha. QNB's share% Group also owns 51 per QNB - Syria and the share of 70% of the Bank QNB - Xuan in Indonesia.
Group and its representative office in China opened as the establishment of a wholly-owned subsidiary in India on behalf of QNB Company (India) Private Limited.
With the addition of both India and China, the presence of QNB Group rose through branches and subsidiaries and associates to 26 countries around the world, offering the latest banking services to its customers through more than 590 branches and representative offices, in addition to the network ATM exceed 1.250 device, and employs approximately 13.700 employees.

QNB Group provides specialized financial services through QNB Capital, a subsidiary company that provides a range of financial advisory services to corporate, government and institutional clients in Qatar and abroad. QNB Capital and includes the work of a specialist with extensive experience of the team is one of the best in the region in corporate banking and advisory services. And it offers consulting services for mergers and acquisitions, project finance, initial offerings of shares and debt issues. The Group also provides brokerage services through QNB Financial Services (QNB FS), a subsidiary company and the first independent and specialized brokerage company licensed bar, a bank in the State of Qatar. And it provides QNB Financial Services trading platform in multiple markets and currencies variety.
And enjoy QNB Group credit rating is among the highest in the region by a number of leading rating agencies such as "S & P" (A +), and "Moody's" (Aa3), and "Fitch" (A +), and "Capital Intelligence" (AA-). Bank and the recipient of many awards by a lot of international specialized financial publications.

Based on the bank's outstanding performance and external expansion, got brand QNB Group at the highest evaluation in the Middle East and North Africa, with global arrangement in the center of the 101 in 2013.

The QNB Group has an active social assistance program and sponsors various social, educational, cultural and sports activities in Qatar.

Source-rebounds


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