Qatar’s QNB titled ‘Strongest Bank in the Arab World 2021’ by WUAB

By Shilpa Annie Joseph, Desk Reporter
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Qatar-based multinational commercial financial institution, Qatar National Bank (QNB) has been named as the ‘Strongest Bank in the Arab World 2021’ at the Banking Excellence and Achievement Awards ceremony, which is organized by the World Union of Arab Bankers (WUAB).

A number of dignitaries, economic and media figures, as well as notable leaders in the banking and technology industries from the Arab region and around the world, attended the ceremony.

This annual award honors Arab banking and financial institutions for their efforts to create new services and solutions while also improving the digital consumer experience.

According to the statement, the renowned award recognizes the Group’s exceptional financial performance, asset development, and effective business strategy, solidifying its position as a regional banking leader.

“This achievement also reflects the success of the group’s strategy in addressing the challenges of the COVID-19 pandemic and its continuous efforts to develop innovative and secure digital banking solutions and services via the Internet and mobile,” as per the statement.

QNB Group, currently ranked as the most valuable bank brand in the Middle East and Africa, is proud to be the Official Middle East and Africa Supporter of the FIFA World Cup 2022.

The QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents, offering a comprehensive range of advanced products and services. The company employs more than 28,000 people across 1,000 locations and has a network of more than 4,600 automatic teller machines (ATMs).

Recently, QNB signed an agreement with the Gulf Organization for Research and Development (GORD) to promote sustainable building techniques through the implementation of the Global Sustainability Assessment System (GSAS).

Related: Qatar’s QIB brings out ‘Visa Direct’ to facilitate remittance services


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