Doha, 6 December, 2021- QNB Group, the largest financial institution in the Middle East and Africa, has received two awards for “The Best Foreign Exchange Provider in the Middle East” and “The Best Foreign Exchange Provider in Qatar” as part of the G.W. Platt Foreign Exchange Awards by Global Finance.
This prestigious recognition is the latest in a long list of accolades that QNB has received from Global Finance, the most recent of which were “The Best Private Bank in the Middle East” and “The Best Private Bank Qatar”.
The new achievement emphasizes QNB’s leadership in developing innovative banking solutions and providing high-quality foreign exchange services to its customers in the local and regional markets. It also reflects the Bank’s constant endeavors to provide the most completive treasury solutions, in a way that serves the interest of customers and enhances their banking experience.
QNB foreign exchange solutions help customers manage the risks associated with overseas trade and currency exposure. For business with exposure to interest rate movements, the bank has developed the right interest rate hedging solutions that keep pace with the changing markets needs to help mitigate the associated risks.
On its 22nd Annual World’s Best Foreign Exchange Providers award program, Global Finance has renamed the annual Foreign Exchange awards to G.W. Platt Foreign Exchange Awards.
Criteria for choosing the Foreign Exchange Providers Award winners included transaction volume, market share, scope of global coverage, customer service, competitive pricing and innovative technologies. Global Finance also considered bank submissions, input from industry analysts, corporate executives and technology specialists.
QNB Group, currently ranked as the most valuable bank brand in the Middle East and Africa, is proud to be the Official Middle East and Africa Supporter of the FIFA World Cup 2022™.
Through its subsidiaries and associate companies, the Group extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is 28,000 operating through 1,000 locations, with an ATM network of more than 4,600 machines.