DOHA: QNB Group has received all regulatory approvals to establish a fully owned subsidiary under the name of “QNB (India) Private Limited”, which is expected to commence operations in the third quarter of this year.
QNB (India) will take the role of extending consultancy and advisory services in investment and finance for Middle East companies willing to establish businesses and/ or invest in India.
As part of its international expansion strategy, QNB Group is seen to always seek presence and competition in leading markets.
The economy of India is the tenth-largest in the world by nominal GDP (Gross Domestic Product) and the third-largest by PPP (Purchasing Power Parity).
The Peninsula