Qnb platinum sponsor of 3rd national conference on internal auditing 2013
1.
Press Release
QNB Platinum Sponsor of 3rd
National Conference on Internal
Auditing 2013
Doha, May 15th, 2013 – Qatar National Bank (QNB), the largest financial institution in
the State of Qatar and the MENA region, has announced its Platinum sponsorship of
the third National Conference on Internal Auditing 2013 to be held at the College of the
North Atlantic Qatar from the 18th to 20th of May.
The event will be under the patronage of H.E. Abdullah Bin Hamad Al Attiyah, Chairman
of the Administrative Control and Transparency Authority. This year’s conference theme
is “The value of an effective Internal Auditing Function”.
The event will showcase a series of seminars and workshops with a particular focus on
how the internal audit function can add value to any organization.
Meanwhile, the conference will also examine how both individuals and organisations
can effectively deal with the multiple present day challenges such as the onset of
intense competition, advancing technology, regulatory complexities, changing business
dynamics and increasing expectations of stakeholders.
The workshops and seminars chosen are all in line with the requirements to assist in the
realization of the Qatar National Vision 2030 and more specifically, to building a
knowledge based society.
QNB has always been a supporter of the National Vision, and continues to ensure that
the bank’s values, mission and vision draw parallels to the country’s longer term aims.
In addition, QNB highlighted that the National Conference on Internal Auditing 2013
presents an excellent opportunity for Audit, IT, Governance, Compliance, Risk
Management, Forensic and Accounting professionals in Qatar and the region to interact
and network with global leaders in the same profession.
QNB has always been committed to sponsoring events such as this one as this
demonstrates the Bank’s unwavering support, but also shows that sponsorship is key in
order to economically contribute to and enhance the communities that QNB operates in.
** Ends **
2.
About
QNB
Group
Qatar
National
Bank
(QNB
Group)
was
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
the
largest
bank
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.
The
Group
recorded
a
net
profit
of
QR8.3
billion
in
the
year
ended
31
December
2012,
up
by
11.1%
compared
to
the
same
period
last
year,
demonstrating
QNB
Group’s
success
across
business
activities
and
the
ability
to
achieve
strong
growth
in
profitability
for
the
benefit
of
shareholders.
Total
assets
increased
by
21.5%
since
2011
to
reach
QR367
billion,
the
highest
ever
achieved
by
the
Group.
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
employing
about
8,800
staff,
along
with
a
network
of
400
branches
and
offices
and
an
ATM
network
that
exceeds
800
machines.
The
Group
has
also
extended
its
regional
reach
by
acquiring
stakes
in
various
financial
institutions
including
35%
stake
in
the
Jordan-‐based,
the
Housing
Bank
for
Trade
and
Finance
(HBTF),
40%
in
Commercial
Bank
International
(CBI)
based
in
the
United
Arab
Emirates
(UAE),
50%
of
the
Tunisian-‐
Qatari
Bank,
51%
in
the
Iraqi-‐based
Mansour
Bank,
49%
of
the
Libyan
based
Commerce
&
Development
Bank
and
20%
stake
in
Al
Jazeera
Finance
Company
in
Doha.
QNB
Group
also
retains
51%
stake
in
QNB-‐
Syria
and
a
70%
stake
in
QNB
Kesawan
in
Indonesia.
The
Group
provides
an
array
of
investment
banking
services
through
its
subsidiary,
QNB
Capital,
to
corporate,
government
and
institutional
clients
within
Qatar
and
globally.
QNB
Capital
has
one
of
the
best
corporate
finance
teams
in
the
GCC
region
offering
extensive
transaction
experience,
in
depth
advisory
services
–
including
mergers
and
acquisitions,
equity
and
debt
capital
markets,
and
project
financing
advisory. The
Group
also
offers
brokerage
services
through
its
subsidiary,
QNB
Financial
Services
(QNB
FS),
the
first
independently
regulated,
licensed
brokerage
company
launched
by
a
bank
in
Qatar.
QNB
FS
brokerage
offers
a
multi-‐market,
multi-‐currency
trading
platform
with
access
to
several
markets.
QNB
Group
is
among
the
highest
rated
regional
banks
from
leading
credit
rating
agencies
including
Standard
&
Poor’s
(A+),
Moody’s
(Aa3),
Fitch
(A+),
and
Capital
Intelligence
(AA-‐).
The
Bank
has
also
been
the
recipient
of
many
awards
from
leading
international
specialized
financial
publications.
3.
Based
on
the
Group’s
continuous
strong
performance
and
the
expanding
international
presence,
the
bank
is
currently
ranked
as
the
most
valuable
brand
in
the
MENA
region,
with
a
world
ranking
of
114
from
189
in
2011.
QNB
Group
has
an
active
community
support
program
and
sponsors
various
social,
educational,
and
sporting
events.
****
For
further
information,
please
contact
QNB’s
Public
Relations
Department
at
(+974)
44975704,
Fax
(+974)
44252589,
email:
PR@qnb.com.qa
or
visit
QNB’s
website
www.qnb.com.qa