Doha, July 28 (QNA) – Qatar National Bank (QNB), the largest financial institution in the State of Qatar, and the MENA region, is one of the major sponsors of Bayt Qatar in Central London, the official Olympic house for the Qatar Olympic Committee (QOC) during the forthcoming Summer Games in London. Bayt Qatar, also known as the Qatar House, acts as a symbol of Qatar and brings a little bit of the Qatari spirit to the heart of London, which is especially pertinent during the Holy Month of Ramadan.
Bayt Qatar is open from the 26th of July until the 12th of August, to welcome high profile, dignitaries, QOC Members, CEO s and Chairmen, International Sporting Athletes as well as Local, Regional and the International Media.
Being a key sponsor and participant in various local and international occasions, QNB is always keen to reflect the social image of Qatar, through representing Qatari traditions and heritage in the best way possible.
The Bank played a lead role in the country s actual hosting of the 2006 Asian Games, providing an army of volunteers and providing reliable and readily accessible banking services to organisers, participants and spectators of the event, which attracted more than 10,500 athletes representing 45 participating countries and regions from throughout Asia.
In 2010, QNB Group’s support was instrumental in the country s successful bid to host the FIFA World Cup in 2022. Undoubtedly, the country s hosting of this spectacular, world-class sporting event will form a cornerstone for future CSR activities in the years ahead.
The Olympic Games is a major international event featuring summer and winter sports, in which thousands of athletes participate in a variety of competitions. The Olympic Games are considered to be the world’s foremost sports competition and more than 200 nations participate.
QNB established in 1964 as the country s first Qatari-owned commercial bank, has an ownership structure split between the Qatar Investment Authority (50%) and the private sector (50%).
QNB Group has steadily grown to be among the largest banks in the Middle East and North Africa Region and is by far the leading financial institution in the country with a market share exceeding 45% of banking sector assets.
QNB Group has witnessed rapid international expansion in the past few years and operates in 24 countries around the world through its network, subsidiaries and associate companies.
QNB Group is among the highest rated regional banks from leading credit rating agencies including Standard & Poor’s, Moody s, Fitch, and Capital Intelligence.
The Bank has also been the recipient of many awards from leading international specialized financial publications. QNB Group has an active community support program and sponsors various social, educational, and sporting events. (QNA)