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Qatar National Bank or QNB is regarded as one of the leading financial institutions of Qatar. Banking in Qatar is available at numerous banks located across the country. The processes and rules are not very difficult to follow. The Qatar National Bank is in the position to control more than half of the assets in Qatar's banking arena in totality. Commercial and Private banking, treasury, credit card, investment management, specialist lending, and other customary banking products are all managed by the Qatar National Bank with full responsibility.
There are more than 30 local branches and more than 80 ATMs of QNB. It has also spread its network in the UK and France. Its investment firm subsidiary Ansbacher provides banking services to the wealthy in the UK. Established in 1964, Qatar National Bank is the first of commercial banks in Qatar. 50% of QNB is privately-owned and 50% is government-owned.
The close relationship with the public sector is the key to its grand success among the Qatar banks. Diverse sources of revenue and fruit-bearing effort in its five year strategic planning have made its growth stable. The Qatar National Bank is going ahead targeting specific segments and enlarged customer base. The newest QNB branch is situated in Qatar’s Educational City. It is the only bank that will serve both staffs and students in the city.
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