Gulf Times - QNB
Euro area economy may outperform the US in H2 2020: QNB

Euro area economy may outperform the US in H2 2020: QNB

The euro area is now on track to outperform the US during the second half of the year, although a second wave of Covid-19 remains a risk, QNB has said in an economic commentary.

QNB launches new cross-border account in Tunisia

QNB launches new cross-border account in Tunisia

QNB Group, the largest financial institution in the Middle East and Africa (MEA), has launched a new cross-border account in Tunisia.

QNB 1st in MEA on The Banker’s list of ‘Top 1000 World Banks’

QNB 1st in MEA on The Banker’s list of ‘Top 1000 World Banks’

QNB Group, the largest financial institution in the Middle East and Africa (MEA), has maintained the first position in the MEA region on The Banker magazine’s ‘Top 1000 World Banks’ list released recently.

QNB Group undertakes 1st successful international Mastercard transaction in Sudan

QNB Group undertakes 1st successful international Mastercard transaction in Sudan

QNB Group is the first bank in Sudan to have successfully performed an international payment card transaction, in partnership with Mastercard, using a Mastercard virtual prepaid card product.

Capital Intelligence affirms QNB ratings; outlook remains 'stable'

Capital Intelligence affirms QNB ratings; outlook remains 'stable'

Capital Intelligence (CI), an international rating agency, has affirmed the long-term foreign currency rating (LT FCR) and short-term foreign currency rating (ST FCR) of QNB at ‘AA-’ and ‘A1+’, respectively.

QNB becomes first foreign bank to provide Visa payment solutions in Sudan

QNB becomes first foreign bank to provide Visa payment solutions in Sudan

QNB Group, the largest financial institution in the Middle East and Africa, has become the first foreign bank to provide Visa payment solutions in Sudan.

QNB posts QR3.6bn net profit in first quarter

QNB posts QR3.6bn net profit in first quarter

QNB Group has posted a net profit of QR3.6bn in the three months up to March, unchanged from the March 2019 level.

QNB receives strong interest for its 7-year EMTN bond

QNB receives strong interest for its 7-year EMTN bond

QNB Group has received strong interests from investors globally for its $1bn seven-year bond issue under its Euro Medium Term Note (EMTN) programme.

Global economy likely to continue in a Goldilocks scenario for 2020: QNB

Global economy likely to continue in a Goldilocks scenario for 2020: QNB

The current ‘Goldilocks scenario’ for the global economy will continue for longer, QNB has said in an economic commentary.

QNB focuses on Southeast Asia to expand

QNB focuses on Southeast Asia to expand

QNB is putting Southeast Asia as the focus of its expansion, the chief executive officer of the Middle East’s biggest lender said.

QNB posts QR14.4bn net profit in 2019; suggests 60% cash dividend

QNB posts QR14.4bn net profit in 2019; suggests 60% cash dividend

QNB, the largest financial institution in the Middle East and Africa (MEA) region, has reported a 4% year-on-year increase in net profit to QR14.4bn for the year ended 2019 ...

QNB expects 'modest acceleration' of global GDP to 3.4% in 2020

QNB expects 'modest acceleration' of global GDP to 3.4% in 2020

Driven by “easier” monetary policy around the world, in particular the Fed’s dovish pivot to cutting interest rates, a “modest acceleration” of global GDP growth to around 3.4% is expected in 2020