QNB Participates in Cityscape Qatar 2012Doha, 20 May 2012: QNB announced that it will participate in Cityscape Qatar2012, to be held at Doha Exhibition Centre on May 23rd to May 25th.QNBs participation in the exhibition comes in line with the diligent efforts made bythe Country to achieve prosperity and development in all areas, as part of Qatarvision 2030, in addition to expanding and diversifying the local economic foundationand reduce its fiscal dependency on the hydrocarbon sector.QNB also aims from this participation to provide the best finance opportunities forthe real estate sector to develop new projects, which are vital pillars for Qatar tohost 2022 FIFA World Cup, and to achieve sustainable growth thereafter.QNB stand will feature an experienced team of real estate and financingprofessionals dedicated to help visitors learn more about the financing opportunitiesoffered by the Bank. Visitors can also learn about QNB’s wide range of investmentproperty financing options.The Bank offers competitive financing rates and a full range of services through therecently launched Mortgage Loan Center. This specialized center for real estatefinance, merges all real estate financing resources under one roof, in order toachieve the best approval time in the market, and provide customers withunparalleled service.QNB Mortgage Loan Center, located at the C-Ring Road branch, is staffed byspecialized financial advisors who will work with customers and guide them fromthe initial application step until the process is completed.
-Ends-About QNB GroupQatar National Bank (QNB), established in 1964 as the country’s first Qatari-owned commercialbank, has an ownership structure split between the Qatar Investment Authority (50%) and theprivate sector (50%).QNB Group has steadily grown to be among the largest banks in the Middle East and NorthAfrica Region and is by far the leading financial institution in the country with a market shareexceeding 45% of banking sector assets.QNB Group has witnessed rapid international expansion in the past few years and operates in24 countries around the world through its network, subsidiaries and associate companiesemploying about 7,000 staff from 334 branch and offices that are supported by an ATM networkthat exceeds 600 machines.The Group has also extended its regional reach by acquiring stakes in various financialinstitutions 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 LibyanBank 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 jointlywith other Syrian private and public sector institutions which started operations mid November2009 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 ofinvestment banking services to corporate, government and institutional clients within Qatar andglobally. These include one of the best corporate finance teams in the GCC region offeringextensive transaction experience, in depth advisory services – including mergers andacquisitions, 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 andis the first independently regulated, licensed brokerage unit launched by a bank in Qatar. QNBFS brokerage offers a multi-market, multi-currency trading platform with access to several GCCmarkets including Qatar, UAE, and Oman. It also provides a trading solution for buying andselling securities on the US and European markets. QNB FS’ technology platform is enhancedby 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 toservice institutional investors, mutual funds, high-net worth individuals, retail and corporateclients locally, regionally, and globally.
QNB Group is among the highest rated regional banks from leading credit rating agenciesincluding Standard & Poor’s, Moody’s, Fitch, and Capital Intelligence. The Bank has also beenthe 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 ****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