2nd October Doha, Qatar: Underlining its unwavering commitment to Qatar's education community, the International Bank of Qatar (IBQ) announced today its 'back to school' sponsorship of the Doha English Speaking School (DESS). Celebrating with parents and students on the commencement of a new academic school year IBQ contributed a total of QR 100,000 that was used by DESS's management to build a 30m X 20 m quadrangle.

'We are delighted to continue to show our commitment to the communities in which we serve. IBQ is dedicated to supporting the educational community by promoting education and learning throughout Qatar,' commented Michael H. William, C.E.O of IBQ.

The management at DESS decided to use IBQ's contribution towards improving the functionality of the school premises. The idea to construct a large shaded courtyard area, now officially called 'the IBQ Quadrangle', was established in order to allow young students to enjoy the outdoors and increase outdoor activities without being drained by the morning heat.

IBQ has established its reputation over the years by building long-lasting relationships with its customers and the community it serves. Commenting on this partnership, Mr. Eddie Liptrot, Headteacher of DESS said "Our school has a long association with IBQ which is of great benefit to us both.  Our working relationship offers a great example of how top organizations in Qatar can work closely with us to bring about the best possible learning environment for our children."

IBQ has consistently supported art, education and leadership initiatives, which have included the sponsorship of the Doha Players, Toastmaster Competitions, among others. In recent months, IBQ has also shown its enthusiasm for tomorrow's leaders by supporting various Qatar based university initiatives.

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About the International Bank of Qatar (IBQ)
The International Bank of Qatar (IBQ); a well established and rapidly growing financial institution, previously known as Grindlays Qatar, celebrated its 50th year anniversary in 2006. IBQ today is a joint venture fully managed, with 30% owned, by the National Bank of Kuwait (NBK); the largest bank in Kuwait and one of the leading banks in the Middle East. The remaining 70% is owned by influential Qatari entities, whilst the bank is Chaired by Qatar's Prime Minister and Minister of Foreign Affair's H.E. Sheikh Hamad Bin Jassim Bin Jabor Al-Thani.

Taking half a century of extensive experience in service-based private and corporate banking, IBQ has been and continues to expand its retail banking business with a parallel strategy, based on that experience, which accentuates its high quality service-based approach. IBQ today, offers its customers a full range of retail, private and corporate banking solutions with a strong commitment to excellent quality service, and a focus on building long-lasting relationships. With a total of 4 branches and 9 ATMs located in strategic locations throughout Qatar, IBQ is an increasingly prominent local player that benefits from an international network as a result of its affiliation with NBK.

Released on behalf of the International Bank of Qatar by Hill & Knowlton - for further information or to arrange an interview, please contact:
Samar Atassi
Head of Corporate Communications
International Bank of Qatar
Tel: +974 447 3700
Email: atassis@ibq.com.qa

Nardine Gerges
Hill & Knowlton, Qatar
Tel: +974 413 1260
Mob: +974 5540721
Email: nardine@hillandknowlton.com.bh

© Press Release 2007