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Monday, November 30 - 2009

QNB to provide employment opportunities to people with special needs

Qatar National Bank (QNB)announced that it will be providing employment opportunities in various areas of the Bank's operations for people with special needs.

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This is part of QNB's Corporate Social Responsibility and commitment to playing an active role in the development of Qatari society by providing the best support it can provide.

QNB will employ people with special needs with the support and guidance of the Qatar Society for the Rehabilitation of People with Special Needs. QNB aims to help these individuals secure rewarding careers and integrate them better into society.

The Qatar Society for the Rehabilitation of People with Special Needs strives to offer employment opportunities to people with several types of physical disabilities, with the aim of enhancing their lives by helping them achieve personal satisfaction from their work and know that the can rely on a stable source of income.

QNB provides people with disabilities many such opportunities, commensurate with their personal potential and abilities, as well as gives them preparatory training to take on these responsibilities. QNB believes that people with special needs are an integral part of the nation's social makeup and deserve equal employment opportunities to fulfill their potential and to perform alongside all other employees.

This initiative by QNB is the first of its kind in Qatar to actively offer people with disabilities opportunities to participate in a challenging field such as Banking. In addition to creating suitable opportunities for qualified individuals, the Bank aims to provide them with viable career plans for the optimal utilization of their inherent human potential, allowing them to challenge the limits of their disabilities.

The Qatar Society for the Rehabilitation of People with Special Needs commended QNB's role in supporting this initiative. It also stressed the importance of continuing the recruitment of people with disabilities in various sectors, commensurate with their qualifications, and of creating further opportunities for as many people with disabilities as possible, thereby contributing to helping them find normalcy in their lives, on par with all their peers.

A number of QNB officials had earlier visited the Society to discuss the potential of these candidates, both in terms of skills and qualifications, in addition to reviewing specific areas in which the Bank can support and advance the employment of people with varying forms of disabilities.
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About QNB
Qatar National Bank (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 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 offers a full range of Retail, Corporate, Investment, Treasury, Wealth Management, and Islamic Banking products and services for individuals, corporate institutions and government entities in Qatar as well as internationally.

QNB has the largest distribution network in Qatar, comprising 44 branches and offices in addition to 11 Islamic branches and offices operated by QNB Al Islami, and more than 156 ATMs.

QNB was the first conventional bank in Qatar to offer Shari'a-compliant banking products and services through QNB Al Islami, established in 2005.

QNB's international presence is rapidly expanding to include new locations around the world to supplement the long established branches in London and Paris. Currently QNB has presence in 23 countries including branches in Yemen, Oman Kuwait & Singapore as well as Representative Offices in Iran & Libya. An Islamic branch was recently inaugurated in Sudan, offering a full range of Islamic banking services and products.

QNB has also extended its regional reach by acquiring shares in various financial institutions including 33.5% stake in the Jordan-based The Housing Bank for Trade and Finance (HBTF), 23.8% of the shares of Commercial Bank International (CBI) based in the United Arab Emirates (UAE), 50% of the Tunisian-Qatari Bank and a 20% stake in the Doha-based Al Jazeera Islamic Company. QNB also signed an agreement to establish QNB-Syria jointly with other Syrian private and public sectors institutions with a 49% stake for QNB.

The Bank recently established a new investment company "QNB Capital" providing an array of investment banking services to corporate, government and institutional clients within Qatar and globally. These include one of the best corporate finance teams in the GCC region offering extensive transaction experience, in depth advisory services - including mergers and acquisitions, equity, debt and project advisory - as well as first-class research capabilities.
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 from leading international specialized financial publications for its innovative products, services and remarkable performance.

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

For further information, please contact QNB's Public Relations Department
Tel: (974) 4252477
Fax: (974) 4252589

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