Qatar National Bank — Best Socio-Economic Impact Bank | Qatar 2019

QATAR National Bank (QNB) was established in 1964 as the first state-owned commercial bank of the country, with the Qatar Investment Authority holding the majority stake. Today, QNB Group operations stretch across three continents and 31 countries, and at the end of September, net profits topped $3.1b. The group’s consistently strong financial performance has afforded it the highest vote of confidence from international credit agencies. QNB is always delighted to deliver on increasing demands for sustainable solutions. The bank considers environmental, social, and governance (ESG) criteria to develop sustainable finance solutions that are profitable and purposeful. The Beyond Banking initiative puts its corporate social responsibility (CSR) principles into action with strategic community investments and socio-economic development. The BV judging panel commends the group’s contributions to increasing financial literacy, and awards Qatar National Bank the 2019 distinction of Best Socio-Economic Impact Bank (Qatar).

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