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Thursday, December 3 - 2009

Top Middle East and North Africa bank executives to meet in Doha

The Qatar National Bank (QNB) hosted Institute of International Finance's (IIF's) 10th Annual Middle Eastern and North African Bank Chief Executives Meetings start in Doha on Friday 23 February 2007 at the Ritz Carlton Hotel.

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  • His Excellency Yousef Hussain Kamal, Minister of Finance, State of Qatar.
    His Excellency Yousef Hussain Kamal, Minister of Finance, State of Qatar.
More than 80 top financial professionals will be attending the conference to discuss the challenges and opportunities across the region's economies, the outlook for global energy markets, regional capital markets, and critical issues of regional banking.

The conference takes place in Doha on Friday 23 February and Saturday 24 February, 2007. QNB is hosting this gathering and His Excellency Yousef Hussain Kamal, Minister of Finance, State of Qatar, will deliver the keynote speech.

QNB enjoys a long standing relationship with the IIF which plays a significant role in helping the financial community work closer together and better appreciate the risks and the challenges that lie ahead, develop industry best practices and influence matters of policy.

The IIF, now in its 25th year, is the global association of financial institutions with more than 360 member institutions across the world. This is the tenth of these very important CEO conferences in this region.

These meetings provide a platform for senior bankers to exchange views with their peers, senior policymakers, and leading executives from key financial centers on current challenges facing the financial communities in their regions. The meeting in Doha has been excellently prepared and shall see an outstanding level of participation over the next two days here.
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Notes and media contacts

Qatar National Bank (QNB)

Qatar National Bank (QNB) was established in 1964 as the country's first Qatari-owned commercial bank, with an ownership structure split between the Government of Qatar (50%) and the private sector (50%).

QNB has steadily grown to be among the largest banks in the region and is by far the leading financial institution in the country with a market share approaching 45% of banking sector assets. QNB has the largest distribution network of 37 branches and offices, in addition to 6 Islamic branches, and more than 100 ATM's.

QNB international presence is rapidly expanding with new locations in Singapore and Libya, Oman, Kuwait and Yemen, supplementing existing branches in London and Paris and a Representative Office in Iran. The London-based Ansbacher, QNB's Wealth Management and Private Banking subsidiary, operates in Switzerland, Channel Islands, Dubai International Financial Center and Qatar Financial Center. Ansbacher, was the first financial institution to be granted a license to operate at Qatar Financial Centre providing a wide range of wealth management services in Qatar and the region.

QNB offers a full range of retail, corporate, investment, treasury, wealth management, and Islamic banking products and services for individuals, corporate institutions and government entities. QNB is constantly striving to provide intelligent banking solutions and its range of products and services, and delivery channels across all disciplines continues to be unrivalled.

Through its affiliate, QNB Al Islami, QNB was the first commercial bank in Qatar to offer Islamic Banking products and services, and the first Qatari bank to launch equity funds (Al Watani Funds) for companies listed in the Doha Securities Market.

QNB has the highest credit rating among Qatari banks from leading rating agencies including Standard & Poor's, Moody's, Fitch, and Capital Intelligence. The Bank has also been the recipient of the "Best Bank in Qatar" Award from leading international specialized financial publications. .

QNB has an active community support program and sponsors various social, educational, and sports events.

The Bank is the official sponsor of the four major sports in Qatar which include Football, Basketball, Handball, and Volleyball.

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For further information, please contact QNB's Public Relations Department at (974) 4407828 - 4407109

The Institute of International Finance

The IIF, established in 1982, is headquartered in Washington DC, USA. Its main activities are to:

Provide high-quality, timely, and impartial analysis and research to our members on emerging markets and other central issues in global finance.

Systematically identify, analyze, and shape regulatory, financial, and economic policy issues of relevance to our members globally or regionally.

Develop and advance representative views and constructive proposals that influence the public debate on particular policy proposals, including those of multilateral agencies, and broad themes of common interest to participants in global financial markets.

Work with policymakers, regulators, and multilateral organizations to strengthen the efficiency, transparency, stability and competitiveness of the global financial system, with an emphasis on voluntary market-based approaches to crisis prevention and management.

Promote the development of sound financial systems, with an emphasis on emerging markets.

Provide a network for members to exchange views and offer opportunities for effective dialogue among policymakers, regulators, and private sector financial institutions.

Define, articulate, and disseminate best practices and industry standards in such areas as risk management and analysis, disclosure, corporate governance and regulatory compliance.

Support education and training efforts of our members in priority areas.

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