QNB

A ONE-STOP BANKING SOLUTION FOR JORDANIAN EXPATRIATES IN QATAR

Posted on : Sat, 26 Dec 2009

Doha, 26 December 2009 - Qatar National Bank (QNB) in partnership with the Jordan-based Housing Bank for Trade and Finance (HBTF) is offering "QNB 2 JORDAN", a suite of services that provides one-stop financial solutions to customers in Qatar as well as Jordan.

The QNB 2 JORDAN service offers a host of benefits to QNB customers including easy one-click electronic money transfers to HBTF accounts at attractive rates, with beneficiary accounts being credited within 24-hours of remittance. This service is available via QNB's EAZYinternet e-banking channel only.

QNB 2 JORDAN services were launched to meet the needs of the growing number of Jordanian expatriates in Qatar who require a simpler and more effortless banking experience. These include remittances to their families in Jordan, while being able to manage their savings both in Jordan and Qatar from a single window right here in Qatar.

As part of this suite of services, customers will receive a QNB account and the option of opening an HBTF account as well. This provides QNB-HBTF Dual Account holders the benefit of not only availing loans, mortgages and other banking services from HBTF via QNB but also quick remittances round the clock through QNB's award-winning e-banking platform, EAZYLife.

Together, the two banks offer an enviable array of services and the exclusive partnership brings together two of the largest banking groups in their respective countries. This provides customers with access to world-class banking services around the clock, with the added convenience of a one-stop solution for their banking needs.

QNB offers a full range of Retail, Corporate, Investment, Treasury, Wealth Management, and Islamic Banking products and services for individuals, corporate institutions and government entities in Qatar as well as internationally.

QNB has the largest distribution network in Qatar, comprising 44 branches and offices (including 3 mobile branches), in addition to 11 Islamic branches and offices, and more than 160 Automated Teller Machines (ATMs).

HBTF meanwhile is the largest retail bank in Jordan and has the largest ATM and branch network in the Hashemite Kingdom. Furthermore, QNB holds a 33.5% stake of HBTF's capital, therefore offering Jordanian expatriate customers a strong and long-term international banking solution, which extends seamlessly from Qatar to Jordan.