Qatar First Bank was named "Best Corporate and Investment Bank" in Qatar at Asiamoney Best Bank Awards 2021  

QFB's strength was reflected in the numerous Shari'ah compliant investments which provide an opportunity for local investors to enter the US real estate market

  
QFB Building

QFB Building

Doha, Qatar - QFB is pleased to announce its recognition as the “Best Corporate and Investment Bank” in Qatar at the Asiamoney Middle East’s Best Bank Awards 2021.

This accolade is a testimony to the Bank’s continued success in delivering top-quality and best income-generating risk adjusted investment products to its trusted clients with international exposure through a Sharia’ah compliant platform.

QFB’s strength was reflected in the numerous Shari’ah compliant investments which provide an opportunity for local investors to enter the US real estate market.

QFB recorded a laudable performance by increasing its Assets Under Management (AUM) and the number of real estate investments, offering a competitive return to its clients despite the challenges of the global pandemic while remaining active across all its business lines. QFB’s AUM have witnesses a growth of more than 267% over the last 2 years and investment clients have increased by more than 225%.

Moreover, QFB’s corporate banking, Investment and Private Banking team has completed timely initiatives to further strengthen the Bank’s position and expand the client base. The Bank continues to invest in further product and service improvements and has successfully added a new revenue stream by placing investment products with their clients.

QFB is continuously looking for secure investment opportunities that ensure further consistency of the Bank’s overall portfolio returns, locally and regionally. The Bank changed its business model to a fee income-based one with a focus on liquid US real estate market. Furthermore, the Bank received an overwhelming demand for its investments products while focusing on offering tailor-made financial solutions.

Sheikh Faisal bin Thani Al-Thani, Chairman of QFB said: “We are proud to be receiving this prestigious award from Asiamoney, which is a recognition of the Bank’s positive outcome. QFB continues to deliver investments opportunities for its clients with international exposure through a Shari’ah compliant platform and is committed to achieving a leading position in the local market and beyond. QFB’s positive outcome of all key growth indicators is a proof for this recognition and thanks to the trust of our esteemed clients and shareholders, we are committed to offer more seamless investment opportunities”.

Qatar First Bank is the first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity on the Qatar Stock Exchange (QSE: QFBQ)

-Ends- 

For more information, please contact:
Ahmed Abou Elela
Head of Corporate Services
Mobile: +974 5598 4789
Email: communications@qfb.com.qa 

About Qatar First Bank (QFB): 

Qatar First Bank (Public) – “QFB”, a leading Sharia-compliant investment bank based in Qatar and listed on Qatar Stock Exchange, is one of the first independent Sharia-compliant financial institutions regulated by the Qatar Financial Centre Regulatory Authority that offers investment opportunities and innovative financial solutions with local, regional and international reach.

Launched in 2009 as an investment bank, QFB has since evolved to broaden its offering to combine the best of a private bank with bespoke investment solutions tailored for the protection, preservation, and growth of wealth.

QFB provides a wide range of investment products and services including alternative investments focused on private equity and real estate, private banking and wealth management, corporate and institutional banking, as well as treasury and investments.

QFB, with a clear strategy, highly experienced team, and solid shareholder-base, is a trusted advisor for high-net-worth individuals, corporate and institutional clients and a gateway to opportunities in Qatar, the region, and global markets.

www.qfb.com.qa 

Send us your press releases to pressrelease.zawya@refinitiv.com

© 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.


More From Press Releases