Doha, 16 April 2017 -- QNB, the largest financial institution in the Middle East and Africa, announced its platinum sponsorship of the “Turkey Expo By Qatar” exhibition, which will be held from 19 to 21 April 2017 at the Qatar National Convention Center.
The expo aims to further enhance the economic ties between Qatar and Turkey to become commercial hubs in the region, and to improve trade, with a goal of doubling the volume of bilateral trade to reach up to $1.5 billion.
The exhibition is bringing together companies from both countries, to strengthen the investment and cooperation opportunities between the two nations and the GCC region. Over 3000 top companies from Turkey, Qatar and the Middle East will be attending the event.
QNB Group’s sponsorship of this important event comes as part of its efforts to be at the forefront to support Qatar’s efforts to boost its economy and improve its trade and economic relations with other countries. The Group always seeks to facilitate international financial exchange across its international network and contribute toward the State of Qatar’s development to one of the world’s economic powers and a commercial center in the region.
The Group recently entered the Turkish market through its acquisition of a 99.88% stake in Finansbank (now rebranded as QNB Finansbank), Turkey’s fifth largest privately owned universal bank by total assets, customer deposits and loans. The Group is always ready to leverage its reach in this new market to help facilitate bilateral trade and financial exchange between the two countries, as well as help their access into new markets through its strong international network.
QNB Group’s presence, through its subsidiaries and associate companies, now extends to more than 30 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 operating through more than 1,200 locations, with an ATM network of more than 4,300 machines.