Latest news with #QNB
Qatar Tribune
6 hours ago
- Business
- Qatar Tribune
QNB gets accolades from The Banker
Tribune News Network Doha QNB Group has been recognised with prestigious accolades from The Digital Banker as part of its 2025 Middle East and Africa Innovation Awards and CX Awards, including: Best Bank for Trade Finance – Qatar, Best Bank for Cash Management – Qatar and Excellence in Omni-Channel Customer Experience. The bank was awarded Best Bank for Trade Finance in Qatar for leveraging digital platforms to streamline trade processes, improve operational efficiency, and deliver comprehensive trade finance solutions. In 2024, QNB facilitated trade solutions exceeding QR212 billion—an increase of 12.7 percent compared to the previous year. QNB was also named Best Bank for Cash Management in Qatar, highlighting its efforts in transforming international payments, expanding currency coverage from 30 to 130 markets, and improving transparency, speed, and efficiency. Additionally, QNB received the Excellence in Omni-Channel Customer Experience award for its commitment to delivering consistent, integrated customer journeys across its physical and digital channels, further strengthening its position as a customer centric bank. Commenting on the achievements, QNB Group Corporate and Institutional Banking Senior Executive Vice President Khalid Ahmed Al Sada said, 'We are proud to be recognized for our innovation and commitment to excellence. These awards reflect the hard work and dedication of our teams across all business units, and our ongoing investment in digital transformation to better serve our clients.' 'These awards reflect QNB's leadership in digital innovation, operational excellence, and its continued commitment to providing seamless, customer focused banking solutions across the region,' he added.
Yahoo
13 hours ago
- Business
- Yahoo
Qatar's QNB installs Diebold cash recycler
QNB, a commercial bank based in Qatar, has implemented the DN Series 500 cash recycler from Diebold Nixdorf. QNB is said to be the first financial institution in the Middle East to install this recycler. The DN Series 500 cash recycler features a dual-tower design powered by two cash engines, which as per the tech vendor offer the highest capacity for cash deposit, recycling, and dispensing available in the market. Protech Solutions, Diebold Nixdorf's licenced partner in Qatar, will oversee the services related to this deployment. The cash recycler allows QNB Group customers to deposit cash bundles of up to 300 notes and up to 30 checks simultaneously, incorporating counterfeit detection technology. Additionally, the cash engines are equipped with sensor technology that monitors the ATM's performance and notifies service technicians of any issues. QNB Group Retail Banking senior executive vice president Adel Al-Malki said: 'The company's innovative DN Vynamic software enables a unique digital experience for all users in line with QNB Group's branding vision. 'The ATM features multi-color privacy side panels and indicators as well as a 19" touchscreen.' The RM4V, Diebold Nixdorf's fourth-generation cash recycling engine, offers scalability with four types of cassettes that can be easily interchanged, accommodating up to 13 different denominations. Diebold Nixdorf Middle East managing director Habib Hanna said: 'We are proud to partner with QNB, one of the region's leading financial institutions, as they continue to enhance customer satisfaction through exceptional service and convenience. 'By adopting Diebold Nixdorf's advanced branch automation solutions, QNB is ensuring an innovative next-generation banking experience across both digital and physical channels, reaffirming their commitment to innovation and customer-centricity.' In December 2024, Diebold Nixdorf installed Microsoft Windows 11 IoT Enterprise LTSC 2024 operating system on operational ATMs. "Qatar's QNB installs Diebold cash recycler" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Qatar Tribune
2 days ago
- Business
- Qatar Tribune
QNB first in Qatar, Middle East with bulk cash deposit ATMs
Tribune News Network Doha QNB is the first bank in Qatar and the Middle East to deploy ATMs with Bulk Cash Deposit service, combining the highest deposit, recycling and dispensing capacity in the market. The launch of this new service comes as part of QNB's efforts to meet the evolving needs of its customers. This innovative service allows customers to deposit up to a 300 bank notes bundle at once, in addition to the already available wide range of ATM services. The rollout marks a significant step in the bank's digital transformation journey, aligning with Qatar's Digital Agenda 2030 and the bank's sustainability goals. By transitioning traditional branch services to digital solutions, QNB continues to strengthen its leading position in the Middle East and globally, making tomorrow's digital banking, on this launch,Adel Ali Al-Malki, Senior Executive Vice President, Group Retail Banking of QNB Group said: 'We are proud to be at the forefront of global digital transformation and we take this opportunity to reinforce our commitment to enhance the available services through our ATM Self-service Machines. We aim to provide new practical and useful digital services for our valued customers and partnering with Diebold Nixdorf ensures this. The launch of this new service is in alignment with QNB's strategy to provide exceptional customer experience across Qatar, the Middle East and beyond. The Bulk Cash Deposit service through our Self-service Machines adds a new milestone to our digital transformation journey.' Habib Hanna, Managing Director, Middle East, at Diebold Nixdorf, said: 'We are proud to partner with QNB, one of the region's leading financial institutions, as they continue to enhance customer satisfaction through exceptional service and convenience. By adopting Diebold Nixdorf's advanced ATM solutions, QNB is ensuring an innovative next-generation banking experience across both digital and physical channels, reaffirming their commitment to innovation and customer-centricity.'
Qatar Tribune
3 days ago
- Automotive
- Qatar Tribune
QNB joins McLaren F1 as official race partner for Monaco GP 2025
Tribune News Network Doha Mastercard, a Primary Partner of the McLaren Formula 1 Team, has secured QNB an exclusive opportunity to leverage its McLaren partnership assets for the FORMULA 1 TAG HEUER GRAND PRIX DE MONACO 2025. Through this unique collaboration with Mastercard, QNB, the largest financial institution in the Middle East and Africa, has served as an Official Race Partner of the McLaren Formula 1 Team for the event. Building on their shared focus on innovation and passion for creating unforgettable moments, Mastercard and McLaren Racing's global collaboration kicked off last year in Las Vegas. Together, the two brands are setting a new benchmark for connecting with fans worldwide, offering them a way to truly immerse themselves in the sport. The collaboration saw QNB's branding placed on the McLaren MCL39 and driver visors, providing global brand exposure to millions of viewers around the world at the FORMULA 1 TAG HEUER GRAND PRIX DE MONACO 2025. Mastercard Chief Marketing and Communications Officer Raja Rajamannar said, 'There is nothing quite as exhilarating as a Formula 1 race, so it's no surprise that motorsports is now one of the fastest-growing passions worldwide. And the McLaren F1 Team stands out for its innovation, performance and unmatched fan community. Our global partnership with McLaren Racing brings the spirit of Priceless to this incredible sport – creating powerful opportunities for our customers to engage with a passionate and diverse fanbase. We're thrilled to extend these benefits to QNB, our longstanding and valued customer.' QNB Group Chief Business Officer Yousef Mahmoud Al Neama said, 'At QNB, we are pursuing an ambitious pathway from regional leadership to the ranks of the world's top banks. We are delighted to leverage our strong relationship with Mastercard to become part of the McLaren Racing family. The presence of our branding at one of the most prestigious events on the Formula 1 calendar will give a significant boost to our global brand visibility and recognition.' Throughout Mastercard's partnership with the McLaren Formula 1 Team, cardholders have exclusive access via blending the excitement of racing with other passion points like music, entertainment and culinary to deliver deeper, more immersive experiences.
Qatar Tribune
6 days ago
- Business
- Qatar Tribune
Gold price in Qatari market increases by 4.21%
DOHA: The price of gold in the Qatari market increased by 4.21 percent during the current week, reaching $3338.25000 per ounce on Thursday, according to data issued by Qatar National Bank (QNB). QNB data showed that the price of gold per ounce rose from $3203.26590, the level recorded last Sunday. The data also showed an increase in the prices of other precious metals on a weekly basis, with silver rising by 4.06 percent to $33.62000 per ounce, from $32.31000 at the beginning of the week. Platinum increased by 8.78 percent, reaching $1082.06000 per ounce, compared to $994.64580 on Sunday.
