The event which took place on June 28th 2008, at Al Sharq Village and Spa was attended by Qatari youths from various schools and universities across the country in much higher numbers than last year.
Over 200 Qatari attended the event this year. Selected participants will be trained at QNB's newly established Learning & Development Centre. QNB's training programs are developed to provide learning opportunities in the area of core-banking, management, and leadership and inter-personal skills. The structure of training aims at nurturing the employees to reach their full potential.
In order to equip the participants with basic banking operation skills, the selected participants will be a part of the entry level induction program, "Lighting the Torch". The bank also provides "On Job Training Program" which provides job-related knowledge and skills on an on-going basis through a culture of learning while working. The employees can further develop themselves trough a structured Learning & Development process which focuses on "Individual Career Development plan" that identifies the skill-gaps and bridges them through various training programs. QNB's various banking departments offer an opportunity to graduates to pick a field of their choice supporting the bank's strategy to empower Qatari youth.
QNB's aggressive Qatarisation program which has been followed since 1995 has been highly successful. The level of Qatarisation reached 48.6% in May 2008 and the bank hopes to surpass 50% by the end of this year. The bank's studious efforts in the area of Qatarisation were recognized by the Al Amal & Social Affairs magazine issued by the Ministry of Labor and Social Affairs which honored the bank with a Medal of Merit award.
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Big turnout at QNB Career Day
- Qatar: Sunday, June 29 - 2008 at 07:40
- PRESS RELEASE
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Qatar National Bank (QNB) organized its second Career Day for Qatari youths to provide training, development and employment opportunities to both fresh and experienced Qatari graduates.
QNB's Career Day was held yesterday.
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Posted by Anne-Birte Stensgaard, Senior News EditorSunday, June 29 - 2008 at 07:40 UAE local time (GMT+4)
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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
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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