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Monday, November 30 - 2009

Qatar National Bank-MasterCard campaign reaches final week

Qatar National Bank (QNB) announced the final week of the Bank's "Double Your Qmiles and Win QR15,000" usage campaign for QNB Co-branded MasterCard credit card customers.

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  • QNB main building.
    QNB main building.
The Bank said this week will be the final opportunity for customers to qualify for draws, as well as to clock the maximum Qmiles possible on their everyday purchases.

The promotion was launched by QNB to give its customers greater value for their money, especially during the Holy Month of Ramadan.

QNB has completed 5 of the 7 weekly draws scheduled during the campaign, with Mr. Mohamed Shaheen Al-Kaabi being announced the latest winner of the weekly draw.

The campaign which concludes on 19 September 2009, awards twice the normal Qmiles to all customers using QNB and QNB Al Islami Qatar Airways Co-branded MasterCard Credit Cards in point-of-sale (POS) transactions worth QR500 or above. For every two such transactions, customers are enrolled in an automatic weekly draw.

QNB Co-branded MasterCard credit cards provide customers with the best and fastest way to accumulate Qmiles, which are the reward points of Qatar Airways' loyalty program and can be redeemed for air tickets and flight upgrades.
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Notes and media contacts

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 (including 3 mobile branches), in addition to 11 Islamic branches and offices operated by QNB Al Islami, and more than 160 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 22 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 20% stake in the Doha-based Al Jazeera Islamic Company. QNB also retains 49% stake in QNB-Syria, a private stock company established jointly with other Syrian private and public sector institutions which will start its operations at the end of this year.

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 is among the highest rated regional banks from leading credit 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

Bachir Mallo
FP7 Doha
4th Floor - Pearl Tower
Al Sadd Street
P.O. Box 13645, Doha, Qatar
Tel: +(974) 4364385
Fax: +(974) 4364387

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