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.

 


Qatar News Agency




  MENA News Headlines
 Sep 29 2016 - GCC States, New Zealand to enhance trade tiesMENAFN
(MENAFN) New Zealand and the GCC States will work to get a free trade pact back on track after trade ministers from the Pacific nation and Saudi Arabia confirmed to enhance trade ties.Two-way trade ...

 Sep 29 2016 - World’s 1 DLP Brand BenQ earns THX® HD Display Certification for W8000 Home Theatre ProjectorMENAFN Press
(MENAFN Press) United Arab Emirates, September 29, 2016-(ME NewsWire)- BenQ, the global No.1 DLP projector brand, proudly announced today that its W8000 home theatre projector achieves prestigious ...

 Sep 29 2016 - FinTech Boom Needs Strong Guidance to Navigate Regulatory Hurdles, Finds ACCAMENAFN Press
(MENAFN Press) Dubai United Arab Emirates, September 29, 2016: (ME NewsWire )Despite the fact that FinTech has been causing significant digital disruption to global finance for almost a decade, the ...

 Sep 29 2016 - Morocco signs deal with Boeing to attract suppliersMENAFN
(MENAFN) Morocco signed a deal with Boeing Co. in order to attract its suppliers to enhance the kingdom's aeronautics industry.In addition, the Boeing ecosystem project plans to bring almost 120 ...

 Sep 29 2016 - Qatar Airways to launch joint business with British AirwaysMENAFN
(MENAFN) British Airways and its largest shareholder Qatar Airways confirmed to set up a mutual business that will see them code-share on flights linking dozens of destinations.The deal will see ...

 Sep 29 2016 - President of Emirates Obs-Gyne Society to speak at the Women's Health and Reproductive Care ConferenceMENAFN Press
(MENAFN Press) President of Emirates Obs-Gyne Society to speak at the Women's Health and Reproductive Care Conference The Women's Health and Reproductive Care Conference will take place from 11-12 ...

 Sep 29 2016 - Emirates ID Authority, Dubai Airports and Abu Dhabi Airports Company to attend the Biometrics event this December.MENAFN Press
(MENAFN Press) Emirates ID Authority, Dubai Airports and Abu Dhabi Airports Company to attend the Biometrics event this December. The 1st Biometrics Middle East Conference will take place from 5-6 ...

 Sep 29 2016 - Critical Updates Showcased at Pre-Filled Syringes Europe 2017 by the MHRA, Sanofi, GSK, Sandoz, Novartis and JanssenMENAFN Press
(MENAFN Press) Critical Updates Showcased at Pre-Filled Syringes Europe 2017 by the MHRA, Sanofi, GSK, Sandoz, Novartis and Janssen Pre-Filled Syringes Europe 2017 MHRA to provide an opening ...

 Sep 29 2016 - Oman signs deals with Iranian counterpartsMENAFN
(MENAFN) Omani firm signed several deals with their Iranian counterparts in Tehran on the sidelines of the Omani Products Exhibition.Al Sulaimi Group and MAS International of Iran signed a deal to ...

 Sep 29 2016 - Saudi executes USD300b worth of projectsMENAFN
(MENAFN) Saudi Arabia is recently executing projects worth USD300bn, defying the global and regional trends of recession.Additionally, the government supports many projects, while it's reviewing a ...

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

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