QNB Group's Portfolio Enriched With Prestigious Awards
Date
7/21/2024 5:15:16 AM
(MENAFN- The Peninsula)
The Peninsula
Doha: QNB Group, the largest financial institution in the Middle East and Africa, won nine prestigious awards from major international institutions during first half of the year.
The new accolades are a testament to the bank' s proven track record of providing its clients in Egypt with outstanding products and services, affirming its strong financial position in the banking market in North Africa.
In acknowledgment of its excellence in in retail banking, QNB in Egypt was named by the International Finance magazine as the“Best Retail bank in Egypt” ,“Best Premium Banking Services in Egypt,” and“Most Innovative Retail Banking Services in Egypt”.
QNB also won two awards of“Best Bank for Small and Medium Enterprises” from Global Banking and Finance Review magazine, and the“Best Bank for SME Initiatives” from The Digital Banker. The recognition highlights the bank's ongoing commitment to support this sector in Egypt where it succeeded to surpass the CBE's mandatory ration of its loan portfolios to MSMEs.
QNB is a pioneer bank in serving the business sector and leveraging digital technology to enhance financial inclusion and entrepreneurship while achieving sustainable development.
The bank won two prestigious awards of the“Best Bank for Trade Finance” and“Best Bank for Treasury Activities. The new laurels followed its successful efforts at improving innovative treasury services and solutions.
The“Best Bank for Digital Banking Services and Products” award by the Global Banking and Finance Review magazine highlights the bank's efforts in developing its digital channels to meet customers' needs and achieve their banking aspirations under its strategy to increase its share in the Egyptian banking market and be the bank of choice for customers.
These awards further reinforced QNB's position as one of the leading player in retail and corporate banking, supported by its strong financial results while reflecting its commitment to quality and banking excellence standards. QNB has embedded sustainable financing in the countries where it operates, as it remains committed to taking an active role in the development of the Egyptian economy.
QNB Group currently ranks as the most valuable bank brand in the Middle East and Africa. Through its subsidiaries and associate companies, the Group extends to more than 28 countries across 3 continents providing a comprehensive range of advance products and services.
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