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 are making 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
 Jul 30 2015 - Egypt- Trial of businessman Ehab Talaat postponedqDaily News Egypt
(MENAFN - Daily News Egypt) The trial of prominent businessman Ehab Talaat was postponed to 26 December on Tuesday for an expert report on the matter.Talaat is being sued by the Al-Ahram Foundation ...

 Jul 30 2015 - Egypt participates in UN counter-terrorism meetingDaily News Egypt
(MENAFN - Daily News Egypt) An Egyptian delegation participated Tuesday in the UN counter-terrorism meeting in the Spanish capital, Madrid, and discussed efforts to tackle militancy.Egypt also ...

 Jul 30 2015 - Egyptian court postpones verdict in Al Jazeera journalists' retrialDaily News Egypt
(MENAFN - Daily News Egypt) A court in the Egyptian capital, Cairo, has postponed the verdict in the retrial of three Al Jazeera journalists, jailed for aiding a terrorist organization with false ...

 Jul 30 2015 - Egypt- 'Will justice be served this Thursday?' (1):JournalistsDaily News Egypt
(MENAFN - Daily News Egypt) An Egyptian court will conclude one of Egypt's most hotly debated cases since the ouster of the Muslim Brotherhood regime in 2013, and one of the longest trials the ...

 Jul 30 2015 - Al-Jazeera re-trial case adjourned to 2 AugustDaily News Egypt
(MENAFN - Daily News Egypt) The Egyptian court was to conclude Thursday one of Egypt's most debated cases since the toppling of the Muslim Brotherhood's regime, also among the longest trial the ...

 Jul 30 2015 - Egypt- Trial against Fatima Naoot continuesDaily News Egypt
(MENAFN - Daily News Egypt) The prosecution at the Sayeda Zeinab Misdemeanour Court decided on Wednesday to postpone the case against Fatima Naoot, who is charged with contempt of religion.In turn, ...

 Jul 30 2015 - Ooredoo Oman profit up 18.7 percent in H1MENAFN
(MENAFN) Omani Qatari Telecommuni-cations Company (Ooredoo), has reported an 18.7 percent increase in its net profit for the first half of this year.The company's revenues for the first half of 2015 ...

 Jul 30 2015 - Dubai real estate down, under pressureThe Arabian Post
(MENAFN - The Arabian Post) The Dubai residential market continues to face downward pressure as rents and sale prices decline. It's perhaps indicative of a systemic shift that the current phase's ...

 Jul 30 2015 - Consumer choice, innovation 'key drivers of aviation sector'The Arabian Post
(MENAFN - The Arabian Post) Consumer choice and innovation are the fundamental drivers of competition in the international airline industry, said Etihad Airways president and CEO James Hogan at the ...

 Jul 30 2015 - Qatar's transport sector posts double-digit growth in H1MENAFN
(MENAFN) Qatar's transport sector witnessed a healthy double-digit expansion in profitability in the first half of this year, mainly on the back of earnings in logistics segment.The cumulative net ...

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