QNB to sponsor French football club Paris Saint-Germain
Source: BI-ME , Author: Posted by BI-ME staff
Posted: Mon February 20, 2012 10:31 am

QATAR. As the result of its international expansion and steady growth across all banking activities, Qatar National Bank (QNB) Group has signed a sponsorship agreement with Paris Saint-Germain (PSG), a powerhouse of European football and one of the world's most storied football clubs.

QNB Group, one of the leading banking brands in the Middle East and North Africa region, will utilise brand placement opportunities at Parc des Princes stadium, the iconic home of PSG, as well as all ancillary club facilities, in addition to having a prominent presence on the Club's website.

The agreement will help QNB elevate its brand visibility and presence to highlight its growing activities, which are supported by a physical network in 24 countries around the world, including a full branch in the French capital, Paris. 

This partnership, which is the first of its stature and calibre for QNB Group outside the State of Qatar, makes QNB Group one of the most prominent partners from the region actively supporting European sport, as well as positions it as a key partner for sport in the city of Paris.

This is an opportunity for QNB Group to highlight its brand's vision and strategy for the future covering world-class banking and financial services offered by the Group in the markets where it has a presence.  Additionally, the agreement comes in line with QNB Group’s brand promise of being a partner committed to supporting at every level the growth and successes of the societies and economies in which it operates.  

Since 1978, when it established its branch, located near Arc de Triomphe in Paris, QNB Group has been offering a full range of banking services to individuals and corporate entities. This is supported by the bank's wide international network which has grown to employ 7,000 staff at 334 branches, offices, subsidiaries and affiliates in 24 countries around the world. 

QNB Group was recently recognised as the #1 Banking Brand from the Middle East and North Africa by The Banker Magazine which published its report in February 2012. In addition to being the leading banking brand in the region, the Top 500 Banking Brands of The World report rated QNB Group's brand the 114th leading brand in the global financial services arena.

About QNB Group
Qatar National Bank (QNB), established in 1964 as the country’s first Qatari-owned commercial bank, has an ownership structure split between the Qatar Investment Authority (50%) and the private sector (50%).

QNB Group has steadily grown to be among the largest banks in the Middle East and North Africa Region and is by far the leading financial institution in the country with a market share approaching 40% of banking sector assets and a distribution network of 61 branches and offices in addition to more than 200 ATMs.

QNB Group has witnessed rapid international expansion in the past few years and has established presence in over 24 countries worldwide including branches in France, Kuwait, UK, Mauritania, Oman, Singapore, Yemen and Lebanon.

The Group has also extended its regional reach by acquiring stakes in various financial institutions including 35% stake in the Jordan-based, The Housing Bank for Trade and Finance (HBTF), 24% in Commercial Bank International (CBI) based in the United Arab Emirates (UAE), 50% of the Tunisian-Qatari bank, 23% in the Iraqi-based Mansour Bank and 20% stake in Al Jazeera Finance Company in Doha.

QNB Group also retains 51% stake in QNB-Syria, a private stock company established jointly with other Syrian private and public sector institutions which started operations mid November 2009 and operates today more than 15 branches in the Syrian Republic.

QNB Capital, a subsidiary of QNB Group, was established in 2008 providing an array of investment banking services to corporate, government and institutional clients within Qatar and globally. These include one of the best corporate finance teams in the GCC region offering extensive transaction experience, in depth advisory services – including mergers and acquisitions, equity, debt and project advisory, as well as first-class research capabilities.

QNB Financial Services (QNB FS) commenced trading on the Qatar Exchange in May 2011 and is the first independently regulated, licensed brokerage unit launched by a bank in Qatar.  QNB FS brokerage offers a multi-market, multi-currency trading platform with access to several GCC markets including Qatar, UAE, and Oman. 

It also provides a trading solution for buying and selling securities on the US and European markets.  QNB FS’ technology platform is enhanced by its in-house research team who provide fundamental research and analysis, sector reviews, and daily commentary on QE listed equities.  Its advisory and brokerage teams are structured to service institutional investors, mutual funds, high-net worth individuals, retail and corporate clients locally, regionally, and globally. 

QNB Group is among the highest rated regional banks from leading credit rating agencies including Standard & Poor’s, Moody’s, Fitch, and Capital Intelligence. The Bank has also been the recipient of many awards from leading international specialized financial publications.

QNB Group has an active community support program and sponsors various social, educational, and sporting events

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 29, 2014
KUEAIT. There is plenty of potential in the Kuwaiti market, should investor interest remain and the government carries out its proposed spending plans. The government's 2014/15 budget is expansionary, with expenditure growth of 3.2% to US$77.3 billion.
date:Posted: August 28, 2014
SAUDI ARABIA. The Saudi Arabian index is the region's most diverse capital market due to its size and maturity; Jadwa Investment views the opening up of the Tadawul as an overall positive but believes a cautious and considered path to reform is the best way forward, much like the Chinese example.
date:Posted: August 28, 2014
LEBANON. The results of the Byblos Bank/AUB Consumer Confidence Index show a marginal improvement in January and February, picking up pace in March and April, and regressing in May and June 2014.
KUEAIT. There is plenty of potential in the Kuwaiti market, should investor interest remain and the government carries out its proposed spending plans. The government's 2014/15 budget is expansionary, with expenditure growth of 3.2% to US$77.3 billion.
dhgate