QFBA and HKIB sign Memorandum of Understanding to underpin regional banking and finance industry

This MoU will help support the fast-paced growth of the banking and finance industry in Qatar and the region; it will also develop high quality human resources for the financial sector in Qatar and the region.

Through this cooperation, an open exchange of expertise, skills and knowledge will deliver financial education programs, seminars, and consultancy projects to banking professionals at various levels.

This will also bring the proficiency of a leading international financial hub to Qatar and the region.

Dr. Abdulazziz Al-Horr, Chief Executive Officer of the QFBA, quoted during the signing ceremony; "This partnership is a testament to our commitment to better serve the training needs of the bankers in the Gulf region which, in turn, will contribute to the development of the banking industry. We are extremely excited to work alongside HKIB in bringing internationally recognized education and professional training programs not only in Qatar but in the region as well."

Whilst Dr. Patrick Fung, Chairman of the HKIB's Executive Committee, added; "The MoU has been necessitated by the increasing cross-border activity in the financial sector, against the backdrop of growing regional economic integration. The MOU is the first step for future coordination and communication between HKIB and QFBA and will be the basis for robust advancement in banking training and cross-regional talent exchange platforms."

Through this MoU QFBA lives up to its promise by contributing to a knowledge based economy aligned with Qatar's 2030 national vision.