QNB named Best Sub-custodian Bank in Qatar for 2021

Posted on : Tue, 15 June 2021

Doha, 15 June 2021 – QNB Group, the largest financial institution in the Middle East and Africa, won the prestigious award of the “Best Sub-custodian Bank in Qatar” for 2021 from the New York-based “Global Finance” magazine.

The award salutes the top banking service providers in local markets and regions based on a number of criteria to measure their performance and ability to serve their markets including customer relations, quality of service, technology platforms, business continuity plans, and knowledge of local regulations and practices.

The new achievement reflects QNB’s success in developing the performance of its custody services and offering an integrated set of innovative products and specialized advisory services for capital market transactions and brokerage companies’ clients.

On the other hand, the Bank was keen to embrace good corporate governance and best practices, contributing to high investment returns and enhanced long-term sustainable growth opportunities in the regional markets where it operates.

This achievement has proven once again the success of the Group’s response to address the challenges of COVID-19 and to put in place new measures to support business recovery post-COVID-19 by providing innovative digital banking solutions for a more sustainable and resilient path.

QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents, providing a comprehensive range of advanced products and services. The total number of employees is more than 27,000 operating through 1,000 locations, with an ATM network of more than 4,400 machines.