Associated tags: QNB Group, QNB, Bank, Cryptocurrency, Equity, USD, Qatar Central Bank, ATM, CAR, MEA, Asset, Basel Committee on Banking Supervision
Locations: TURKEY, BAHRAIN, IRAN, IRAQ, JORDAN, KUWAIT, LEBANON, OMAN, PALESTINE, QATAR, SAUDI ARABIA, SYRIA, UNITED ARAB EMIRATES, YEMEN, ALGERIA, EGYPT, LIBYA, MOROCCO, SUDAN, TUNISIA, WESTERN SAHARA, FRANCE, GERMANY, UNITED KINGDOM, UNITED STATES OF AMERICA, AUSTRIA, SWITZERLAND, PENNSYLVANIA, MIDDLE EAST, AFRICA
DOHA, Qatar, May 4, 2024 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa, is proud to announce the signing of renowned actor Ahmed Helmy as its new brand ambassador.
Key Points:
- DOHA, Qatar, May 4, 2024 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa, is proud to announce the signing of renowned actor Ahmed Helmy as its new brand ambassador.
- Commenting on the announcement, Ms. Heba Ali Al Tamimi, Senior Executive Vice President, QNB Group Communications, said: "We are delighted to welcome Ahmed Helmy as our brand ambassador.
- This partnership reflects the shared values of Ahmed Helmy with QNB, a banking icon committed to the highest standards of innovation, excellence and success.
- QNB Group currently ranks as the most valuable bank brand in the Middle East and Africa.
DOHA, Qatar, May 4, 2024 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa, is proud to announce the signing of renowned actor Ahmed Helmy as its new brand ambassador.
Key Points:
- DOHA, Qatar, May 4, 2024 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa, is proud to announce the signing of renowned actor Ahmed Helmy as its new brand ambassador.
- Commenting on the announcement, Ms. Heba Ali Al Tamimi, Senior Executive Vice President, QNB Group Communications, said: "We are delighted to welcome Ahmed Helmy as our brand ambassador.
- This partnership reflects the shared values of Ahmed Helmy with QNB, a banking icon committed to the highest standards of innovation, excellence and success.
- QNB Group currently ranks as the most valuable bank brand in the Middle East and Africa.
Retrieved on:
Thursday, November 16, 2023
Syndication,
Bank,
HSBC,
J.P. Morgan & Co.,
Mizuho,
QNB Group,
USD,
Barclays,
Documentation,
ATM,
SMBC,
HSBC Bank Middle East,
Standard Chartered DOHA, Qatar, Nov. 16, 2023 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa , announced the successful refinancing of its USD 2 billion unsecured syndicated term loan facility.
Key Points:
- DOHA, Qatar, Nov. 16, 2023 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa , announced the successful refinancing of its USD 2 billion unsecured syndicated term loan facility.
- "This refinancing attracted the interest of global and regional banks and helped us further broaden our investor base.
- We see this transaction as confirmation of our successful strategy of becoming a leading bank in MEASEA and establishing meaningful relationships."
- The USD 2 billion facility, with a maturity of three years was well supported by both regional and international banks with substantial oversubscription.
Retrieved on:
Thursday, November 16, 2023
Syndication,
Bank,
HSBC,
J.P. Morgan & Co.,
Mizuho,
QNB Group,
USD,
Barclays,
Documentation,
ATM,
SMBC,
HSBC Bank Middle East,
Standard Chartered DOHA, Qatar, Nov. 16, 2023 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa , announced the successful refinancing of its USD 2 billion unsecured syndicated term loan facility.
Key Points:
- DOHA, Qatar, Nov. 16, 2023 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa , announced the successful refinancing of its USD 2 billion unsecured syndicated term loan facility.
- "This refinancing attracted the interest of global and regional banks and helped us further broaden our investor base.
- We see this transaction as confirmation of our successful strategy of becoming a leading bank in MEASEA and establishing meaningful relationships."
- The USD 2 billion facility, with a maturity of three years was well supported by both regional and international banks with substantial oversubscription.
Retrieved on:
Tuesday, October 10, 2023
Asset,
Basel Committee on Banking Supervision,
Capital adequacy ratio,
Equity,
MEA,
LCR,
Growth,
CAR,
NPL,
QNB Group,
Qatar Central Bank,
Airline,
Cryptocurrency,
Bank DOHA, Qatar, Oct. 10, 2023 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the nine months ended 30 September 2023.
Key Points:
- DOHA, Qatar, Oct. 10, 2023 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the nine months ended 30 September 2023.
- Net profit for the nine months ended 30 September 2023 reached QAR11.9 billion (USD3.3 billion), an increase of 8% compared to same period last year.
- Also QNB Group's loans to deposits ratio remained strong at 99.2% as at 30 September 2023, well within the regulatory limits.
- Also, Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) as at 30 September 2023 amounted to 166% and 102% respectively.
Retrieved on:
Tuesday, October 10, 2023
Asset,
Basel Committee on Banking Supervision,
Capital adequacy ratio,
Equity,
MEA,
LCR,
Growth,
CAR,
NPL,
QNB Group,
Qatar Central Bank,
Airline,
Cryptocurrency,
Bank DOHA, Qatar, Oct. 10, 2023 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the nine months ended 30 September 2023.
Key Points:
- DOHA, Qatar, Oct. 10, 2023 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the nine months ended 30 September 2023.
- Net profit for the nine months ended 30 September 2023 reached QAR11.9 billion (USD3.3 billion), an increase of 8% compared to same period last year.
- Also QNB Group's loans to deposits ratio remained strong at 99.2% as at 30 September 2023, well within the regulatory limits.
- Also, Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) as at 30 September 2023 amounted to 166% and 102% respectively.
QNB,
QNB Group,
Qatar Central Bank,
NPL,
MEA,
Equity,
USD,
Capital adequacy ratio,
Asset,
CAR,
LCR,
Growth,
Basel Committee on Banking Supervision,
Cryptocurrency,
Airline,
Insurance DOHA, Qatar, April 10, 2023 /PRNewswire/ -- QNB, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the three months ended 31 March 2023.
Key Points:
- DOHA, Qatar, April 10, 2023 /PRNewswire/ -- QNB, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the three months ended 31 March 2023.
- Net profit for the three months ended 31 March 2023 reached QAR3.9 billion (USD1.1 billion), an increase of 7% compared to same period last year.
- New customer deposits helped to increase customer deposits by 5% to reach QAR828 billion (USD227 billion) from 31 March 2022.
- The ratio of non-performing loans to gross loans stood at 2.9% as at 31 March 2023, one of the lowest amongst financial institutions in the MEA region.
QNB,
QNB Group,
Qatar Central Bank,
NPL,
MEA,
Equity,
USD,
Capital adequacy ratio,
Asset,
CAR,
LCR,
Growth,
Basel Committee on Banking Supervision,
Cryptocurrency,
Airline,
Insurance DOHA, Qatar, April 10, 2023 /PRNewswire/ -- QNB, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the three months ended 31 March 2023.
Key Points:
- DOHA, Qatar, April 10, 2023 /PRNewswire/ -- QNB, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the three months ended 31 March 2023.
- Net profit for the three months ended 31 March 2023 reached QAR3.9 billion (USD1.1 billion), an increase of 7% compared to same period last year.
- New customer deposits helped to increase customer deposits by 5% to reach QAR828 billion (USD227 billion) from 31 March 2022.
- The ratio of non-performing loans to gross loans stood at 2.9% as at 31 March 2023, one of the lowest amongst financial institutions in the MEA region.
Retrieved on:
Wednesday, January 11, 2023
General assembly,
Asset,
Basel Committee on Banking Supervision,
QNB Group,
MEA,
Qatar Central Bank,
QNB,
Equity,
CAR,
Growth,
QCB,
Maharashtra Legislative Assembly,
Bank Net Profit before the impact of hyperinflation for the year ended 31 December 2022 reached QAR16.1 billion (USD4.4 billion), an increase of 22% compared to the same period last year.
Key Points:
- Net Profit before the impact of hyperinflation for the year ended 31 December 2022 reached QAR16.1 billion (USD4.4 billion), an increase of 22% compared to the same period last year.
- The annual financial results for 2022 along with the proposed profit distribution are subject to Qatar Central Bank (QCB) approval.
- The above helped to improve the loans to deposits ratio to 95.9% as at 31 December 2022 reflecting the improvement in QNB Group's liquidity.
- Group Capital Adequacy Ratio (CAR) as at 31 December 2022 amounted to 19.6% higher than the regulatory minimum requirements of the Qatar Central Bank and Basel Committee.
Retrieved on:
Wednesday, January 11, 2023
General assembly,
Asset,
Basel Committee on Banking Supervision,
QNB Group,
MEA,
Qatar Central Bank,
QNB,
Equity,
CAR,
Growth,
QCB,
Maharashtra Legislative Assembly,
Bank Net Profit before the impact of hyperinflation for the year ended 31 December 2022 reached QAR16.1 billion (USD4.4 billion), an increase of 22% compared to the same period last year.
Key Points:
- Net Profit before the impact of hyperinflation for the year ended 31 December 2022 reached QAR16.1 billion (USD4.4 billion), an increase of 22% compared to the same period last year.
- The annual financial results for 2022 along with the proposed profit distribution are subject to Qatar Central Bank (QCB) approval.
- The above helped to improve the loans to deposits ratio to 95.9% as at 31 December 2022 reflecting the improvement in QNB Group's liquidity.
- Group Capital Adequacy Ratio (CAR) as at 31 December 2022 amounted to 19.6% higher than the regulatory minimum requirements of the Qatar Central Bank and Basel Committee.
