Qatar National Bank (QNB), the largest financial institution in the State of Qatar, and the MENA region, is one of the major sponsors of Bayt Qatar in Central London, the official Olympic house for the Qatar Olympic Committee (QOC) during the forthcoming Summer Games in London.
Bayt Qatar, also known as the Qatar House, acts as a symbol of Qatar and brings a little bit of the Qatari spirit to the heart of London, which is especially pertinent during the Holy Month of Ramadan. Bayt Qatar will be open from the 26th of July until the 12th of August, to welcome high profile, dignitaries, QOC Members, CEO’s and Chairmen, International Sporting Athletes as well as Local, Regional and the International Media.
Being a key sponsor and participant in various local and international occasions, QNB is always keen to reflect the social image of Qatar, through representing Qatari traditions and heritage in the best way possible.
The Bank played a lead role in the country’s actual hosting of the 2006 Asian Games, providing an army of volunteers and providing reliable and readily accessible banking services to organisers, participants and spectators of the event, which attracted more than 10,500 athletes representing 45 participating countries and regions from throughout Asia.
In 2010, QNB Group’s support was instrumental in the country’s successful bid to host the FIFA World Cup in 2022. Undoubtedly, the country’s hosting of this spectacular, world-class sporting event will form a cornerstone for future CSR activities in the years ahead.
Recently, QNB announced its financial results for the six month period ending 30 June 2012. The QNB Group recorded a net profit of QR 4.1 billion, which is up by 17.1 % in comparison to the same period last year. This not only highlights QNB Group’s success across business activities but also the ability to achieve strong growth in profitability for the benefit of shareholders.
QNB Group has witnessed rapid international expansion in the past few years and operates in 24 countries around the world through its network, subsidiaries and associate companies employing about 7,600 staff from 345 branch and offices that are supported by an ATM network that exceeds 670 machines.
The Olympic Games is a major international event featuring summer and winter sports, in which thousands of athletes participate in a variety of competitions. The Olympic Games are considered to be the world’s foremost sports competition and more than 200 nations participate.