QNB Group Expands its Footprint in Asia with Hong Kong Branch Opening
July 08, 2021 at 02:34 pm EDT
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QNB Group has opened officially its branch in Hong Kong. As a newcomer to the market, QNB seeks to position itself as a reputable foreign bank to customers with trade and investment flows between Hong Kong, the Middle East, Africa, and Mainland China. The Branch aims to facilitate cross border business with a range of corporate banking products and services, treasury and investments, foreign exchange solutions, syndication strategies, and project financing. Hong Kong is the gateway for the Group's clients to Mainland China and wider Asia. It is a major trade hub accounting for USD 1,077.5 billion in imports and exports. The Branch will work closely with the Group's global network, and particularly the Singapore branch and Shanghai representative office. It will advise QNB's clients in China on their outbound growth through Hong Kong as a base and will link with Singapore to cover South East Asia region. In its keenness to become a leading bank in the Middle East, Africa and South East Asia, the Group's presence in
Hong Kong reflects its commitment to develop a successful market expansion strategy, through in-depth insight
and understanding. The expansion is part of QNB Group’s keenness to become a leading bank in the Middle East, Africa and South East Asia, the Group’s presence in Hong Kong reflects its commitment to develop a successful market expansion strategy, through in-depth insight and understanding.
Qatar National Bank QPSC (QNB) is a Qatar-based bank engaged in the provision of commercial and Islamic banking services. The Bank operates through four segments: the Corporate Banking segment includes loans, deposits, investment and advisory services, among other products and services with corporate customers, as well as undertakes the Bankâs funding and centralized risk management activities through borrowings, issue of debt securities, use of derivatives for risk management purposes and investing in liquid assets; the Consumer banking segment includes loans, deposits and a range of products and services to retail customers; the Asset and Wealth management segment includes loans, deposits, asset management, brokerage and custody services to the high net worth customers, and the International Banking segment includes loans, deposits and products and services with corporate and individual customers in International locations.
QATAR NATIONAL BANK (Q.P.S.C.) 
