The World Now – Qatar National Bank (QNB) has the highest level of pragmatism, with 22 million customers



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You are looking at the world now – Qatar National Bank surfs the grandeur of pragmatism, ranking 22 million customers
Posted by: Paris News

Paris News News – 1100 agencies spread over three continents and 29,000 employees and experts

The soundness of the financial position and the reliability of QNB resources has turned to a source of confidence for investors and investors

19659005] Diversity and diversity can be a floating feature on institutions and houses of banks and the overall money that is full of banks and their activities and services, but of talk about five decades of experience, originality and work. QNB which required a sign The client is the king and was the martyr

On the agenda of dealing with such a journey can not tolerate those who could survive and continue to resist the constancy and confrontation in time & # 39; adversity, at a time when illuminated the front of the seat and the boycott [LaBanquenationaleduQatar(QNB)entantqueplusgrandeinstitutionfinancièreauMoyen-OrientetenAfriqueacontinuéàréaliserdesbénéficestrimestrielsrelativementélevésquiontconfirmésonniveauélevéDanscedomaineetlacertificationdesgrandesagencesdenotationinternationalesCequin'apasperdusaconfiancedanscetteinstitutiongéantemalgrésescraintesdansl'attented'theperformanceofmostotherfinancialinstitutions(19659009)TopoftheGlobalPlatform

Here is the testimony of a distant past. The bank is not just a bank or a gulf bank, but overall, not only because of its large and diversified investment portfolio, it has a large and advanced group of investors. financial and economic experts familiar with precise and precise trends in the global market. The national bank of Qatar remains a central role in the scene The bank, which was the first commercial bank in Qatar in the 1960s, is a point of reference not only in the Qatari banking sector but also in the Gulf region as a base for a cultural and financial literature that the region has never known.

According to the facts, because of the sources of information obtained through its 1,100 agencies located on three major continents and its staff of about 29,000 employees and experts serving more than 22 million Walt Client QNB offers its weekly badysis of global markets to highlight the topics and trends of economic growth in the coming days, based on the badysis and read the correct data from the global market. group work QNB working on them. For example, at the end of 2017, when the bank predicted a significant rise in prices of oil and gas carriers in the first half of 2018, unlike the global economic situation and calculations of the Gulf governments in their budgets, based on the price of Brent at $ 45 a barrel QNB Based on an intelligent reading of market trends and economic drivers, the price of oil should exceed $ 60 a barrel, which is exactly what which occurred in the first half of 2018. In his report of Sunday, December 10, 2017.

Of course, reading and l & # 39; 39, badysis of global markets, including the energy market, are not within the reach of any bank, but to cope with this task, it takes a bank of the size and [19659005] QNB The Qatar National Bank is not only a point of Observers

Advanced Group QNB Specialized Financial Services via QNB Capital, a subsidiary providing a range of financial advisory services to corporations, government entities and institutions in Canada. Qatar and abroad. QNB Capital A highly experienced and experienced business team is considered to be the best in the region for business banking and advisory services. He provides advisory services on mergers and acquisitions, project financing, IPO and debt issuance. The Group also provides financial intermediation services via QNB Financial Services QNB FS Subsidiary and First Independent, In the State of Qatar. QNB [196900015] offers a trading platform for financial services in several markets and currencies.

The QNB Group enjoys a high credit rating among the major global rating agencies such as Standard & Poor's A ] +, Moody's Aa3 and Fitch AA ] -), and "Capital Intelligence" ( AA -). The Bank has won many awards from many international financial issues

Ranks of Stadiums

In June 2018, Fitch Ratings revised its outlook for the group to stable. The bank still has the highest rating among banks in Qatar, one of the top rated banks in the world, ranking fourth among the best Moody's rating agencies, Standard & Poor's. and Fitch.

The Bank's net profit for the first half of 2018 was C $ 7.1 billion ($ 1.9 billion), an increase of 7% over the first half of last year 2017

The total badets of the Qatar Banking Group have increased by 10% since June 30, 2017 to reach 846 billion riyals ($ 232 billion), the highest level of badets in history of the Group

. With 9% growth to R $ 604 billion ($ 166 billion), this growth was financed primarily by customer deposits ($ 169 billion) from June 2017. The Group's loan-to-deposit ratio fell at 98.4% last June.

According to a statement from the Bank, the Group's efforts to increase operational efficiency Costs and sustainable sources of revenue generation. This helped to improve efficiency (cost / income ratio) at 27.2% compared to 29.3% last year, one of the best ratios among the major financial institutions in the Middle East and in Africa. The Group's cautious loan provision policy and collection efforts also reduced the provision for write-down of receivables during the year, reflecting a high credit quality based on badets [19659049]. Total Group loans and effective management of credit risk. The Group's cautious allocation policy also helped to maintain the hedge rate at 110% as at June 30th. Total equity reached 76 billion rupees ($ 21 billion), an increase of 3% since June 30, 2017. Earnings per share were 7.4 SAR ($ 2) compared to SR 7 (1, USD 9) on June 30, 2017.

The capital is 15.8% as of June 30, 2018, which is above the minimum regulatory requirements of Qatar Central Bank and the Basel Committee. QNB successfully secures financing on world markets during the first six months of 2018, including $ 560 million in 5 and 10-year Australian capital issues and Taiwanese bonds. Of a value of 720 million over a period of 30 years, all these emissions reflect the Bank's success in diversifying funding sources, longer maturities and the confidence of international markets in the financial position and strategy of the Bank.

Makamat

Calculations show that the net profit of QNB, the largest in the Gulf, rose 5.7% in the second quarter. Net profit of 3.7 billion rubles (1.02 billion dollars) in the third quarter ended June 30 against 3.5 billion riyals over the same period last year.

In 2016, the Group acquired a 99.88% stake in Finance Bank "Turki (currently QNB Finance Bank, the fifth largest private bank.The group was.The acquisition of a majority stake of 97.12% in the second largest bank of the Arab Republic of Egypt was completed in 2013, QNB Ahli QNB AA QNB promoted its regional presence by acquiring stakes in a number of financial institutions, of which 20% in Ecobank "(Ecobank Transnational Incorporated [19659031]), one of the largest and most important banks in Africa, 35% of the Bank of Commerce and Finance and its head office in Jordan, 40% of the International Commercial Bank based in the United Arab Emirates and 99.99% of QNB and 51% by Bank Audi De Mansour Al-Iraq i, 49% of Libya's Commercial and Development Bank, and 20% of Al-Jazeera Financial Corporation in Doha. The group QNB has a share of 51% in QNB – Syria and 90.96% of the share of the bank QNB Indonesia 19659005] The Group officially began its work through its representative offices in Vietnam and Myanmar. In 2017, the Group began operations in Mumbai, India, and the opening of its second branch in Kuwait in the first quarter of 2017. This confirms its vision of becoming the leading bank of banks in 19659006 [QNB] 19659015 In the Middle East, Africa and Southeast Asia by 2020, as well as in highly competitive markets.

QNB currently exists in over 31 countries and three continents around the world. Offering the latest banking services to its customers. The Group employs more than 29,000 employees in more than 1,100 branches and representative offices, as well as an extensive network of over 4,400 ATMs.

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