Qatar’s QNB won 2 awards for its best foreign exchange services

By Amirtha P S, Desk Reporter
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Qatar-based multinational commercial financial institution, QNB Group has won prestigious awards from Global Finance, for its leadership in developing innovative banking solutions and providing high-quality foreign exchange services to its customers. 

As part of the G.W. Platt Foreign Exchange Awards, Global Finance has honored the QNB with two accolades for “The Best Foreign Exchange Provider in the Middle East” and “The Best Foreign Exchange Provider in Qatar.”

This recognition is the latest in a long list of accolades that QNB has received from Global Finance. The new achievement reflects the Qatari bank’s constant efforts to offer the most completive treasury solutions, in a way that serves the interest of customers and enhances their banking experience.

The foreign exchange solutions of QNB helps customers to manage the risks associated with overseas trade and currency exposure. For businesses with exposure to interest rate movements, the bank has created the right interest rate hedging solutions.

On its 22nd Annual World’s Best Foreign Exchange Providers award program, Global Finance has renamed the annual Foreign Exchange awards to G.W. Platt Foreign Exchange Awards. The winners for this award are selected on the basis of transaction volume, market share, the scope of global coverage, customer service, competitive pricing and innovative technologies. 

Through its subsidiaries and associate companies, QNB Group extends to some 31 countries across three continents offering a comprehensive range of advanced products and services. The total number of employees is 28,000 operating through 1,000 locations, with an ATM network of more than 4,600 machines.

Related: QIB ranks 3rd in Forbes Middle East’s 30 most valuable companies in Qatar