Doha, 19 November 2007: Qatar National Bank (QNB) announced the latest winners for its Savings Plus Account promotion. The promotion was launched in March of this year in order to encourage existing Savings Plus customers to maintain their deposit balances and reward them for increasing their savings value.

As part of the promotion, the bank conducts monthly draws for prizes including Sony LCD's, stays at the Sealine Beach Resort, Sony mobile phones and Apple Ipods.

September winners were Kana Venugopal, Safya Al-Shawani, Mohamad Suleiman and Saeed Al-Nuaimi, respectively. An additional winner, Wael Khalil, was rewarded a cash prize of QR 50,000.

October winners were Mariam Behzad, Khalifa Al Nuhannadi, Achwak Al Emadi and Mohammad Tamizeldin respectively.

In addition, a grand prize of QR 100,000 will be awarded in the month of January 2008.

In order to be eligible to enter the draw, the account has to be opened at least a month before the date of the draw with a minimum balance of QR 5,000. For every additional QR 5,000 saved, the customer gets another entry into the draw; the higher the balance, the greater the chances to win.

To increase customers chances of winning, all customers are entered into all draws irrespective of whether they have won previously draws. The promotion runs up to December 31st 2007, which is the last chance to deposit and qualify for the grand prize in January 2008.

The Savings Plus programme was introduced in October 2006 as a relatively new concept in savings accounts. The overwhelming success of this product led to the launch of this promotion making it the premier savings account in Qatar.

The QNB Savings Plus account is tailored to the needs of savers. It has a high interest rate paid monthly rather than every six months, enabling customers to earn more, faster.

With the Savings Plus Account, QNB has challenged conventional perceptions and developed new banking solutions that cater to individual customer requirements. The new product, with its various benefits, reflects the bank's commitment towards excellence, innovation, and first-rate customer service.

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About Qatar National Bank (QNB)
Qatar National Bank (QNB) was established in 1964 as the country's first Qatari-owned commercial bank, with an ownership structure split between the Government of Qatar (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 45% of banking sector assets. QNB has the largest distribution network of 42 branches and offices (including 3 mobile branches), in addition to 10 Islamic branches and offices, and 129 Automated Teller Machines (ATM's).

QNB international presence is rapidly expanding to include new locations in Oman, Kuwait and Yemen, supplementing existing branches in London and Paris and Representative Offices in Libya, Singapore and Iran.  As part of the same expansion plan, QNB has acquired 30% of the shares of the Jordan based, The Housing Bank for Trade and Finance (HBTF). QNB also signed an agreement to establish the Qatar National Bank-Syria jointly with other Syrian private and public sectors institutions with 49% share.

The London-based Ansbacher, QNB's Wealth Management and Private Banking subsidiary, operates in Switzerland, Channel Islands, the Bahamas, Dubai International Financial Center and Qatar Financial Center. Ansbacher was the first financial institution to be granted a license to operate at Qatar Financial Centre providing a wide range of wealth management services in Qatar and the region.

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. QNB is constantly striving to provide intelligent banking solutions and its range of products and services, and delivery channels across all disciplines continues to be unrivalled.  

Through its affiliate, QNB Al Islami, QNB was the first commercial bank in Qatar to offer Islamic Banking products and services, and the first Qatari bank to launch equity funds (Al Watani Funds) for companies listed in the Doha Securities Market.

QNB has the highest credit rating among regional banks from leading rating agencies including Standard & Poor's, Moody's, Fitch, and Capital Intelligence. The Bank has also been the recipient of the "Best Bank in Qatar" Award from leading international specialized financial publications.

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

For further information, please contact QNB's Public Relations Department at (974) 4407828 - 4407109, email: PR@qnb.com.qa or visit QNB's website:www.qnb.com.qa

© Press Release 2007