Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Qatar - Qnb Ranked Best Brand Value In Mena Region For 2013  Join our daily free Newsletter

MENAFN - Qatar News Agency - 09/02/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN - Qatar News Agency) Qatar National Bank Group (QNB), The World's Strongest Bank, has consolidated its position as The Middle East and North Africa (MENA) Region's most valuable Brand according to The Annual Survey carried out by "Brand Finance" and published by "The Banker" Magazine, an affiliate to the international acclaimed "Financial Times" newspaper.



As the leading financial institution in the region, QNB Group achieved an increase in the value of its brand by USD 500million to USD1.81 billion, said QNB in a press release toda



This represents a 38% increase on the 2012 levels achieved and importantly saw QNB rise to 101st globally in the rankings of the World's top 500 Banking Brand



This improvement of 19 places is testament to the continuing robust financial performance and successful international expansion of a brand that is now operating across 26 countries worldwid



Commenting on the achievement, Yousef Darwish (General Manager, QNB Group Communications) said: "This is a notable achievement for The QNB Group and continues the impressive momentum delivered over recent year



The importance of our brand and how it is perceived by our diverse range of stakeholders is paramount across our 26 countries of operatio



The Annual Brand Finance Survey confirms that we aremaking good progress and continue to be the best brand value across The MENA Regio




Looking to the future, The QNB Group vision is to be a MEA (Middle East and Africa) icon by 2017



Stringent judging criteria is used by Brand Finance in the value assessment process of Banking Brand



The factors considered include: size of operation, geographical presence, global and regional reputation and brand classificatio



On the latter point, QNB Group maintained its AA brand rating for 2013 and this classification is based on the health and future growth potential of the brand based on the criteria deploye



The prestigious recognition of being the premium brand in The Middle East by value builds upon other achievements secured by QNB over the past 12 month



Global Finance Magazine recognized QNB as being amongst the "Safest 50 Banks in Emerging Markets", The Banker Magazine bestowed "The Best Bank in The Middle East 2013" accolade and Bloomberg Markets confirmed QNB as 'The World's Strongest Bank" throughout 201



The various recognitions and Awards are underpinned by a strong and robust Financial Performance that saw Net Profits reach QR 9.5 billion in 2013 (an increase of 13.7% on 2012 levels) and Total Assets reaching an all time record (up 20.9%) high of QR 443 billion.
MENAFN0902201400970000ID1093768144

 


Qatar News Agency




  MENA News Headlines
 Jan 19 2017 - Masdar and Bee’ah to build 300,000 tonnewaste-to-energy plant in SharjahMENAFN Press
(MENAFN Press) The World Economic Forum’s Middle East and North African (MENA) Regional Business Council today launched a report outlining six policy reforms to create jobs and stability in the ...

 Jan 19 2017 - SCCI discusses with President of Costa Rica Means to Boost Bilateral RelationsMENAFN Press
(MENAFN Press) Sharjah Chamber of Commerce & Industry (SCCI) received yesterday (Wednesday) H.E. Luis Guillermo Solis Rivera President of the Republic of Costa Rica accompanied by a senior official ...

 Jan 19 2017 - Egypt- WEF discusses gender equalityDaily News Egypt
(MENAFN - Daily News Egypt) Female leaders steer big corporations and major economies. But at the World Economic Forum they are still grossly underrepresented, with only 20 percent of participants ...

 Jan 19 2017 - Egypt- 'Red Sea islands' protesters granted release on bailDaily News Egypt
(MENAFN - Daily News Egypt) Twelve demonstrators previously detained for protesting against the Egyptian-Saudi maritime demarcation deal were released from custody Wednesday, according to rights ...

 Jan 19 2017 - Egypt- NAEEM Shares and Bonds joins Nasdaq Dubai's equity futures marketDaily News Egypt
(MENAFN - Daily News Egypt) NAEEM Shares & Bonds brokerage announced on Wednesday that it joined Nasdaq Dubai's equity futures platform as a member, in a move aiming to connect its ...

 Jan 19 2017 - Egypt's foreign debt expected to reach $102bn after implementation of reforms: IMFDaily News Egypt
(MENAFN - Daily News Egypt) The International Monetary Fund (IMF) stated in its Egypt report that it expected Egypt's foreign debt to rise to $102.4bn, which is more than 25% of the total GDP by ...

 Jan 19 2017 - Egypt- Detained Youth Committee submits 2nd pardon list to presidency: memberDaily News Egypt
(MENAFN - Daily News Egypt) Tarek El-Khouly, member of the Detained Youth Committee for presidential pardons and member of parliament, said Thursday that the committee submitted three lists of pardon ...

 Jan 19 2017 - Egypt- Military Production Ministry, Pachin sign protocol of cooperation to develop and export productsDaily News Egypt
(MENAFN - Daily News Egypt) Minister of Military Production Mohamed Al-Assar, deputy minister Hassan Abdel Mageed, and chairperson of Paints and Chemical Industries Company (Pachin) Mahmoud Abdel ...

 Jan 19 2017 - Marina Hotel holds its “Cowboy” themed Staff PartyMENAFN Press
(MENAFN Press) Marina Hotel Kuwait recently held its annual staff party at Salwa Sabah Al Ahmed Theater & Hall.The gathering gave everyone the opportunity to celebrate the success and achievements ...

 Jan 19 2017 - Kuwait- Army chief, US military official eye closer coop.Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT, Jan 19 (KUNA) -- The Kuwaiti Army's Chief of Staff Lieutenant General Mohammad Al-Khoder discussed with Commander of the US Central Command Joseph Votel ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help