DOHA: QNB, ‘one of the world’s strongest banks’, has recently received an impressive total of 4 awards and recognitions from the leading financial publication Global Finance Magazine headquartered in New York, including: “One of The World’s Top 50 Safest Commercial Banks in 2014”, “Best Bank in Qatar 2014”, “Best Investment Bank Qatar 2014” and “One of The World’s Best Foreign Exchange Providers (Middle East) 2014”.
The awards reflect the continued successful expansion strategy and breadth of offering being extended to QNB customers. While all of the awards received were prestigious, of particular significance was the recognition of once again being considered “One of the World’s Top 50 Safest Commercial Banks in 2014”.
This is an annual survey and the findings are based around both the evaluation of long-term credit ratings provided by Standard & Poors, Moody’s and Fitch Ratings and the total assets of the 500 largest banks worldwide.
QNB Group is amongst the highest rated of regional banks with credit ratings of Standard & Poor’s (A plus), Moody’s (Aa3) and Fitch (A plus). The Group’s net profits for the 9-month period ending September 30, 2014 topped QR8bn and total assets were QR475bn, the highest ever achieved by the Group.
The Peninsula
