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Posted On: 10 June 2009 09:29 am
Updated On: 12 November 2020 02:09 pm

‘Best Bank in Qatar’ award for QNB

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QNB has bagged the ‘Best Bank in Qatar’ award, instituted by Euromoney. The award comes as recognition of QNB’s leading role in the Qatari banking sector. Listed on the Doha Securities Market, QNB’s capital currently accounts for nearly 40% of all banking sector assets, said the bank spokesman. The outstanding financial results at the end of the first quarter of 2009, coupled with sustained performance and growth in 2008 and in prior years, were among the primary reasons for QNB’s selection as the ‘Best Bank in Qatar’. The award jury factored in multiple criteria such as the volume of business transacted, innovation and leadership, credit ratings, quality of assets and earnings, efficiency ratios and key performance indicators.