Doha, 24 December, 2014 – QNB, One of the World’s Strongest Banks, has won the prestigious award “Best Company for Investor Relations in Qatar”, received at the Middle East Investor Relations Society 2014 Annual Conference, held recently at the DIFC Conference Centre in Dubai.
The awards, which were carried out in collaboration with Thomson Reuters Extel, were weighted according to votes cast by buy and sell side analysts globally. It recognizes the efforts of regional companies and IR professionals who play a critical role in developing investor relations.
QNB adds another significant award to its impressive portfolio. This year, QNB was recently recognized as “The Best Bank in The Middle East” by Euromoney Magazine. It also received The Best Bank in Qatar and Best Bank in the Middle East 2014 from the Banker Magazine. The Bank maintains its recognition as ‘’One of The World’s Top 50 Safest Commercial Banks’’ by the Global Finance Magazine.
The ME-IR Society's flagship event is its Annual Conference and Awards ceremony. The event is the largest IR conference in the Middle East. Its primary aim is to educate all market participants about the importance of IR, to encourage dialogue and support the implementation of IR best practice, whilst providing members with a networking platform. The conference brings together all members of the capital markets community; investors, buy and sell side analysts, advisors, representatives from regional governments, stock exchanges and regulatory bodies.
QNB Group is amongst the highest rated of regional banks with credit ratings of Standard & Poor’s (A+), Moody’s (Aa3), Fitch (A+), and Capital Intelligence (AA-). The Group also has a robust financial performance with net profits, for the 9 months period ended 30th September 2014, recorded at QAR 8.0 billion (up 12.6% on the previous year) and Total Assets of QAR 475 billion (up 8.8%), the highest ever achieved by the Group.
QNB Group currently operates in more than 26 countries and across 3 continents, and by adapting its prudent expansion strategy; QNB is in a strong position to reach its 2017 vision to become a Middle East and Africa Icon.