24 November 2009
You can now Make Balance Inquiries, Pay Bills, Purchase Prepaid Services and Prepaid top up using QNB ATMs

Doha, Qatar - A major new partnership between Qatar National Bank (QNB) and Qtel will make life easier for people across Qatar, as a wide range of Qtel services become available through all QNB ATMs.

Customers will be able to make balance inquiries, pay bills and get connected automatically through QNB's network of over 155 machines across Qatar. They will also be able to purchase and print HALA Pay as you Talk, Ebhar, QCard and Dawli vouchers.

The agreement is part of QNB and Qtel's shared commitment to increasing the level of convenience and access for customers across Qatar, providing round-the-clock service in the widest possible range of locations.

Waleed Al Sayed, Executive Director, Customer Service, Qtel said: "We are very pleased to complete this partnership agreement, which ensures that Qtel and QNB customers have the best possible support wherever they are in the country. A major part of our Customer Charter is ensuring that our customers have the widest range of payment options, and our work with QNB significantly extends people's choice."

Qtel's partnership with QNB complements its Customer Charter promise to provide the widest range of payment options to its customers. QNB has also progressively introduced a range of measures designed to make banking easier for retail and corporate customers.

Ali Ahmed Al-Kuwari, Executive General Manager & Chief Business Officer, QNB, said: "Through this agreement, customers will be able to manage their finances and their communication needs via a single point of access at our easily-available ATMs. Our whole approach to customer service is to make life easier for people, and we believe this partnership will make a very important contribution."

As well as this new agreement with QNB, Qtel continues to offer its e-voucher system through special terminals located in shops all over Qatar.  The terminals deliver printed e-vouchers' numbers, which can be used in exactly the same way as scratch-cards. The company also has a large number of Self Service Machines across Qatar.

-Ends-

About Qtel
Qatar Telecom (Qtel) is the telecommunications service provider licensed by the Supreme Council of Information and Communication Technology (ictQATAR) to provide both fixed and mobile telecommunications services in the state of Qatar. We have a presence in 17 countries and we are committed to expansion both in the MENA region and South East Asia. Our vision is to be among the top 20 telecommunications companies in the world by 2020.

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 offers a full range of Retail, Corporate, Investment, Treasury, Wealth Management, and Islamic Banking products and services for individuals, corporate institutions and government entities in Qatar as well as internationally.

QNB has the largest distribution network in Qatar, comprising 44 branches and offices (including 3 mobile branches), in addition to 11 Islamic branches and offices operated by QNB Al Islami, and more than 155 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 22 countries including branches in Yemen, Oman Kuwait & Singapore as well as Representative Offices in Iran & Libya. An Islamic branch was recently inaugurated in Sudan, offering a full range of Islamic banking services and products.

QNB has also extended its regional reach by acquiring shares in various financial institutions including 33.5% 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 49% stake in QNB-Syria, a private stock company established jointly with other Syrian private and public sector institutions which started its operations mid November this year.

The Bank recently established a new investment company "QNB Capital" 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 for its innovative products, services and remarkable performance.

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 at (974) 4252477 Fax (974) 4252589

© Press Release 2009