QNB

Qatar Stock Exchange honours QNBFS

Posted on : Wed, 21 June 2023

QNB Financial Services (QNBFS), a fully owned subsidiary company of QNB Group, the largest financial institution in the Middle East and Africa, received official recognition by the Qatar Stock Exchange, in honour of its significant contribution and efforts in successfully implementing and launching the new Qatar Stock Exchange (QSE)’s trading system.
The recognition was announced during the bell ringing ceremony hosted recently by QSE to celebrate the successful launch of the new electronic platform, in the presence of a number of officials from the QSE, the Qatar Financial Markets Authority (QFMA), Edaa (Qatar CSD) and a number of banks and financial institutions.
The award demonstrates QNBFS ‘s commitment and dedication to support the new trading system, which offers unique features and innovative trading tools and benefits that could contribute in attracting more local and foreign investments and improving customer service experience. The new platform will contribute to increasing competition of the national economy in line with Qatar National Vision 2030, enhancing the country’s position as a financial and trade hub regionally and internationally.
Mr. Abdullah Al-Sada, CEO of QNBFS, said: “We feel honored and privileged to be one of the main supporters of the new QSE ‘s trading system and to witness the successful launch of this pioneering platform which will pave the way towards embracing a new era of digitization. Today’s recognition serves as a testimony to QNBFS‘s efforts to bring new digital technologies to the trading ecosystem, renewing our commitment to support the efforts aimed at transforming the Qatar Stock Exchange into a world-class market, thus enhancing Qatar’s position as a regional financial hub.”
Established in 2010 as part of QNB Group, QNBFS is the first independently regulated, licensed brokerage company launched by a bank in Qatar. It offers a range of financial services to domestic and foreign institutional investors, mutual funds, and retail and corporate clients. 
QNBFS has unmatched trading and execution capabilities and highly experienced investment professionals. It provides on-the-ground research and analyses, thus helping clients make sound investment decisions.