Doha, 11 October 2016 - QNB, the leading financial institution in the Middle East and Africa, was recently distinguished as the “Best Frontier Markets Bank”, “Best Investment Bank in Qatar”, and “Best Bank in Qatar” by Global Finance Magazine as part of the ‘World’s Best Banks 2016 Awards’.
The Bank was selected for these awards based on its performance over the past year and other criteria, including reputation and management excellence. The selections were also made after extensive consultations with bankers, corporate financial executives and analysts throughout the world.
QNB received the awards during the ceremony held to honor The World’s Best Banks and other Global Finance 2016 award winners, which was held in Washington, DC, during the IMF/World Bank Annual Meetings.
Global Finance Magazine is a leading International publication recognized as a reliable source of news and analysis of market insights around the world. Its target audience includes chairmen, presidents, CEO’s, CFO’s, treasurers and other senior financial officers responsible for making strategic decisions at multinational companies and financial institutions.
The awards are a new addition to QNB’s numerous awards and international recognitions that recognize the excellence of the Group’s products and services and the efficiency of its operations.
The awards also serve as testament to the success of QNB’s international expansion strategy that sees the Group expanding into many frontier markets across the 3 continents in which it currently operates.
QNB Group’s presence through its subsidiaries and associate companies extends to more than 30 countries across three continents providing a comprehensive range of advanced products and services.
The total number of employees is more than 27,300 operating through more than 1,200 locations, with an ATM network of more than 4,300 machines.