Doha, 9 December 2018 – QNB, the largest financial institution in the Middle East and Africa, has announced its lead sponsorship of the Euromoney conference.
This year’s Euromoney conference focuses on Qatar’s post blockade strategy and its development as a sustainable economy. During the two-day conference keynote speeches were given by H.E. Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Prime Minister and Minister of Interior, and H.E. Sheikh Abdulla Bin Saoud Al-Thani, Governor of Qatar Central Bank.
QNB Group Acting Chief Executive Officer Abdulla Mubarak Al Khalifa said that despite the Group’s global expansion, the Qatari banking market is the cornerstone of the bank’s operations, as it seeks continuously to grow in the local market and support various economic initiatives to ensure that it maintains its leadership position in Qatar.
AlKhalifa pointed out that despite the encouraging signs of further progress in the Qatari banking sector, there are challenges and risks facing the business and affecting future growth prospects, including slowing growth in the global economy, fluctuations in money and currency markets, and crises in trade relations as well as the threats of information security and cybercrime.
Panel discussions were held with government officials and professionals from the financial sector and discussed short and medium term plans providing an economic overview of Qatar and new opportunities for growth.
The event affirms QNB Group’s commitment to contribute in global financial growth and practices. The Bank’s sponsorship of the event is part of its responsibility to be an active financial participant globally.
The Group’s presence through its subsidiaries and associate companies now extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is around 29,000 operating through more than 1,200 locations, with an ATM network of more than 4,300 machines.