Doha, 19 August 2009 - Qatar National Bank (QNB) announced that its branches will observe flexible working hours during the Holy Month of Ramadan.
In a statement the Bank said that most branches in Qatar will be open between the hours of 8am and 1pm, from Sunday to Thursday.
QNB branches at The City Center and The Mall will be open from 10am to 2pm and from 8pm to 12am, Saturday to Thursday. These branches will also be open on Fridays from 8pm to 12am.
The Souq Waqif Branch will be open from 9am to 2pm and from 8pm to 12am, Saturday to Thursday, as well as on Fridays from 8pm to 12am.
The office at Dlala Brokerage will be open from 9am to 12pm and from 8pm to 10pm, Sunday to Thursday.
QNB's branches at the Sheraton, Marriott and Ritz-Carlton hotels will be open from 9am to 12pm, Sunday to Thursday and in the evenings from 8pm to 10pm.
The QNB branch at the departures terminal of the Doha International Airport will meanwhile be open around the clock serving customers throughout Ramadan.
QNB announced these flexible branch opening hours during Ramadan to ensure its customers have access to banking services at convenient hours throughout the holy month.
The West Bay Branch will be open from 8am to 1pm and from 8pm to 12am, Sunday to Thursday.
The QNB Cards Center will be open from 8am to 1pm and from 7pm to 12am, Sunday to Thursday.
In addition to these branch hours, both QNB and non-QNB customers may utilize any of 158 QNB ATMs located strategically across the State of Qatar to withdraw cash.
Registered QNB EAZYLife customers may also utilize the Bank's various eBanking channels 24-hours a day. These include internet, mobile and ATM banking services which help them conduct more complex transactions such as bill payments, hala top-ups, cash and cheque deposits, and money transfers.
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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 in addition to 11 Islamic branches and offices operated by QNB Al Islami, and more than 158 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 a 20% stake in the Doha-based Al Jazeera Islamic Company. QNB also signed an agreement to establish QNB-Syria jointly with other Syrian private and public sectors institutions with a 49% stake for QNB.
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 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 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, email: PR@qnb.com.qa or visit QNB's website www.qnb.com.qa
© Press Release 2009
