Doha: – QNB Group, the largest financial institution in the Middle East and Africa, won the prestigious award of the “Best Sub-custodian Bank in Qatar” for 2021 from the New York-based “Global Finance” magazine.
The award salutes the top banking service providers in local markets and regions based on a number of criteria to measure their performance and ability to serve their markets including customer relations, quality of service, technology platforms, business continuity plans, and knowledge of local regulations and practices.
The new achievement reflects QNB’s success in developing the performance of its custody services and offering an integrated set of innovative products and specialized advisory services for capital market transactions and brokerage companies’ clients.
On the other hand, the Bank was keen to embrace good corporate governance and best practices, contributing to high investment returns and enhanced long-term sustainable growth opportunities in the regional markets where it operates.
This achievement has proven once again the success of the Group’s response to address the challenges of COVID-19 and to put in place new measures to support business recovery post-COVID-19 by providing innovative digital banking solutions for a more sustainable and resilient path.
QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents, providing a comprehensive range of advanced products and services. The total number of employees is more than 27,000 operating through 1,000 locations, with an ATM network of more than 4,400 machines.
-Ends-
© Press Release 2021
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
