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Jun 25 2011

Qatar Central Bank Governor - Arab Banking Personality of the year 2011

Doha, 25 June 2011- HE Governor of Qatar Central Bank , Sheikh Abdullah bin Saud al-Thani was named the Arab Banking Personality of the Year 2011 during the Arab Banking Conference 2011 that was held in Rome on 23-24 June 2011. His Excellency was selected for the award in earlier in April this year during the Arab Banking Conference 2011, 'A New Vision for Economic Reform' that was held in Doha and organized by the Union of Arab Banks

The award recognizes his leading role and contribution to the Arab banking industry in addition to the significance he made by enhancing local economics through various policies and decisions.

The conference themed "The Future of MENA: Impact on the Global Economy," was organized by the Union of Arab Banks and Associazione Bancaria Italian. Ministers, governors of central banks, leading bankers, decision-makers and representatives of public and private sectors from many countries attended as well as representatives from various financial institutions and Qatari banks.

Every year, during the summit, the Arab Banking Union honors one such distinguished personality who has contributed actively to the banking and financial sector.

-Ends-

About QNB
Qatar National Bank (QNB), established in 1964 as the country's first Qatari-owned commercial bank, has an ownership structure split between the Qatar Investment Authority (50%) and the private sector (50%).

QNB has steadily grown to be among the largest banks in the region and is by far the leading financial institution in the country, with a market share approaching 40% of banking sector assets.

QNB has the largest distribution network in Qatar, comprising 44 branches and offices in addition to 16 Islamic branches and offices operated by QNB Al Islami, and more than 175 ATMs.

QNB was the first conventional bank in Qatar to offer Shari'a-compliant banking products and services through QNB Al Islami, established in 2005.

QNB's international presence is rapidly expanding to include new locations around the world to supplement the long established branches in London and Paris. Currently QNB has presence in 24 countries including branches in Yemen, Oman Kuwait & Singapore as well as Representative Offices in Iran & Libya and an Islamic branch in Sudan.

QNB has also extended its regional reach by acquiring shares in various financial institutions including 35% stake in the Jordan based, The Housing Bank for Trade and Finance (HBTF), 23.8% of the shares of Commercial Bank International (CBI) based in the United Arab Emirates (UAE), 50% of the Tunisian-Qatari bank and 20% stake in the Doha-based Al Jazeera Islamic Company. QNB also retains 50.8% stake in QNB-Syria, a private stock company established jointly with other Syrian private and public sector institutions which started operations mid November 2009.

QNB Capital was established in 2008, providing an array of investment banking services to corporate, government and institutional clients within Qatar and globally. These include one of the best corporate finance teams in the GCC region offering extensive transaction experience, in depth advisory services - including mergers and acquisitions, equity, debt and project advisory - as well as first-class research capabilities.

QNB is among the highest rated regional banks from leading credit rating agencies including Standard & Poor's, Moody's, Fitch, and Capital Intelligence. The Bank has also been the recipient of many awards from leading international specialized financial publications.

QNB has an active community support program and sponsors various social, educational, and sporting events

For further information, please contact
QNB's Public Relations Department
Tel: (+974) 44252477
Fax (+974) 44252589
Email: PR@qnb.com.qa
QNB's website www.qnb.com.qa

© Press Release 2011

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