Latest news with #TribuneNewsNetworkDohaQNBGroup
Qatar Tribune
3 days ago
- Business
- Qatar Tribune
QNB successfully issues bonds amounting to $1 bn
Tribune News Network Doha QNB Group announced the successful completion of a bond issuance under its Medium Term Note Programme in the international capital markets. Under this programme, a five year, $1 billion tranche was launched earlier today on 17 July 2025. The Reg S issue attracted phenomenal interest from key global investors leading to the issuance being heavily oversubscribed, with peak orders at three times the issue size. Further the pricing on the bonds tightened significantly with the final pricing at 70 bps over US Treasury compared to the initial pricing of 100 basis points over US Treasury. The coupon on the bond is 4.5percent. The order book reflected significant interest across various geographies with key interest from Asian investors. The book included several names new to QNB and the region. Senior Executive Vice President for QNB Group Treasury and Financial Institutions Noor Mohammed Al Naimi said that the landmark transaction is a testament to investors' confidence in QNB Group's financial strength and its position as the largest financial institution in the MEA region. The proceeds of this issue will be utilized for general banking purposes. The issue was arranged and offered through a syndicate of joint lead managers that included Banco Santander, Barclays Bank, DBS Bank, Deutsche Bank, London Branch, Mizuho International, QNB Capital, SMBC Bank International plc and Standard Chartered Bank. The successful transaction also aligns with QNB's strategic objective of optimizing its funding mix and maintaining a well-diversified investor base, while supporting its sustainable growth and expansion plans across key global markets.
Qatar Tribune
02-07-2025
- Business
- Qatar Tribune
QNB recognised among top 1000 banks worldwide
Tribune News Network Doha QNB Group, the largest financial institution in the Middle East and Africa, has demonstrated its financial strength and leadership by securing a place among the world's top banks in The Banker magazine's Top 1000 Global Bank Rankings 2025. Based on end-of-year 2024 audited financials, QNB ranked 78th globally by Tier One Capital, maintaining its position among the top-performing banks worldwide. Regionally, the Group was ranked 4th in the Middle East by Tier One Capital, while continuing to lead in Qatar, by placing 1st for both Tier One Capital and Total Assets. The Banker's annual rankings are considered the most comprehensive benchmarks for global banking performance. This recognition reflects the Group's consistent financial stability, strong capital position, and its continued focus on delivering long-term value to shareholders and customers alike. Commenting on the ranking,Heba Al Tamimi, Senior Executive Vice President, QNB Group Communication stated: 'Our strong and sustained performance is a direct result of our prudent strategy, customer-centric approach, and robust financial fundamentals. Being ranked among the top banks globally reinforces our ambition to expand our global presence and remain the leading financial institution in the region.' QNB Group is one of the leading financial institutions in the MEA region and among the most valuable banking brands in the regional market. Present in over 28 countries across three continents, it offers tailored products and services supported by innovation and backed by a team of over 31,000 professionals dedicated to driving banking excellence worldwide.
Qatar Tribune
28-05-2025
- 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.
Qatar Tribune
04-05-2025
- Business
- Qatar Tribune
QNB wins MEED award for excellence in digital banking
Tribune News Network Doha QNB Group, has won the prestigious award of 'Best Multi-Channel Offering' at the MEED's MENA Banking Excellence Awards 2025, in recognition of its outstanding achievements to create a seamless, omni-channel digital banking customer experience in the Middle East and North Africa region, and beyond. The award in this esteemed category underscores QNB's pursuit of excellence and commitment to delivering a customer-centric and innovative digital banking experience through QNB Mobile and Internet Banking, Self-Service Machines, and Contactless Payments. The reward also recognizes the extensive product marketing and new pioneering services launched recently such as Digital Account Opening, Multi-currency Travel Card and Fawran, ensuring customers receive convenience, accessibility, and excellence at every touchpoint. Commenting on the new recognition, QNB Group Retail Banking Senior Executive Vice President Adel Ali Al Malki said, 'We are honoured to receive the 'Best Multi-Channel Offering' award for our omni-channel digital banking portfolio, which serves as a testament to QNB's unwavering commitment to innovation and digital banking excellence in Qatar and globally. This recent recognition reinforces QNB's position as a leading financial institution in the Middle East and North Africa region, continuously striving to deliver outstanding, customer-centric digital banking solutions to exceed customers' expectations.' QNB Group's efforts to provide seamless digital banking experience were recognised recently with several international awards including: 'Best Digital Experience' in Qatar, 'Best Retail Bank for Digital Customer Experience' in Qatar and the Middle East, 'Best Mobile App' in Qatar, 'Excellence in Product Marketing', 'Excellence in Omni-channel Integration', and 'Best Digital Wallet' in the Middle East and North Africa. QNB Group is one of the leading financial institutions in the MEA region and among the most valuable banking brands in the regional market.
