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Sunday, November 29 - 2009

QNB invites experienced & fresh graduates to its Career Day

Qatar National Bank (QNB) announced that the Bank is organizing a Career Day to offer employment and career development opportunities to experienced Qatari professionals and fresh graduates from Universities, Colleges and High schools.

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The event will be held on Saturday, June 28th 2008 from 9.00 am to 1.00 pm and 2.00 pm to 6.00 pm at Al Sharq Village and Spa in Doha.

This is the second time the bank has organized an event of this nature. More than 150 Qatari nationals were inducted into QNB through various focused initiatives last year. Through this event, the bank will provide employment opportunities for all eligible Qatari applicants. Graduates seeking guidance regarding a career in banking and finance can also benefit from this event.

QNB pursues an aggressive Qatarization program which has been followed since 1995. The level of Qatarization reached 48.6% in May 2008 and the bank is confident to surpass 50% Qatarization by the end of this year. In recognition of the bank's focused efforts in the area of Qatarization, QNB received a Medal of Merit award from Al Amal & Social Affairs magazine issued by the Ministry of Labor and Social Affairs.

QNB places top priority on continuous development and performance enhancement of employees, particularly focusing on Qatari staff. The bank continues to invest significantly in employee learning and development initiatives. Recently the bank has launched leadership development program for talented Qataris in the junior and middle management cadre in order to prepare them for senior leadership roles. This initiative goes a long way in developing managerial and leadership talent pool for the country.

To strengthen its commitment towards Qatari development QNB has established the new Learning & Development Center (LDC) in March 2008. This center will help the bank in rolling out various training programs to achieve multiple business objectives in addition to Qatari development. Fresh Qatari graduates joining QNB are enrolled in the entry level induction program, "Lighting the Torch" to equip participants with knowledge on basic banking operations and related skills.

Subsequent to the class room training sessions, QNB provides "On Job Training Program" to the fresh graduates in order to transfer job-related knowledge and skills on an on-going basis. QNB training programs are customized to provide significant development opportunities to Qataris in the area of core banking, management development, and leadership development.

The bank enjoys an excellent rapport with Qatar's premier educational institutions under Qatar Foundation and Qatar University and takes special interest in supporting brightest minds that have the potential to outshine their peers in the world of academics.
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About 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 Qatar Investment Authority (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 40% of banking sector assets. QNB has the largest distribution network of 42 branches and offices (including 3 mobile branches), in addition to 11 Islamic branches and offices, and more than 130 Automated Teller Machines (ATMs).

QNB's international presence is rapidly expanding to include new locations around the world to supplement existing branches in London and Paris and the Representative Office in Iran. In 2007, QNB opened new branches in Yemen, Oman & Kuwait and its Representative Offices in Libya & Singapore. Recently, QNB, obtained licenses to operate in Sudan and Mauritania.

As part of the same expansion plan, QNB has acquired 31% of the shares of the Jordan based, The Housing Bank for Trade and Finance (HBTF) which also operates in Palestine, Bahrain, Algeria, Syria, UAE, Libya and Iraq. QNB also signed an agreement to establish the Qatar National Bank-Syria jointly with other Syrian private and public sectors institutions with a 49% stake for QNB.

QNB has entered the Tunisian market through acquiring 50% of the Tunisian-Qatari bank. QNB has also taken 30% stake in "The Kuwaiti-Qatari Company for Ijara and Investment, which will offer Islamic financing services within the Gulf Cooperation Council countries and has acquired a 20% stake in the Doha-based Al Jazeera Islamic Company. The bank recently received approval from Qatar Financial Center to establish a new investment company - QNB Capital which will be providing investment banking services.

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.

QNB was the first conventional bank in Qatar to offer Islamic Banking products and services through QNB Al Islami and the first Qatari bank to launch equity funds for companies listed in the Doha Securities Market.

The London-based Ansbacher, QNB's Wealth Management and Private Banking subsidiary, operates in Switzerland, Channel Islands, the Bahamas, 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 has the highest credit rating among regional banks from leading rating agencies including Standard & Poor's, Moody's, Fitch, and Capital Intelligence. The Bank has also been the recipient of many awards for its innovative products, services and remarkable performance from leading international specialized financial publications.

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

For further information, please contact QNB's Public Relations Department at (974) 4252591, Fax (974) 4252589

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