The US Federal Reserve (Fed) and the European Central Bank (ECB) are under pressure to deliver "lower inflation" as part of their mandates, QNB said and noted this requires more aggressive policy actions.
QNB, the largest financial institution in the Middle East and Africa, has launched ‘WeChat Pay’ and ‘AliPay+’ to its existing broad range of payment methods accepted by its merchant network in Qatar, making it the first bank in Qatar to launch these services.
QNB has ranked first in Qatar and third in the Middle East, on Forbes' list of the top 100 companies in the Middle East, leading the region's banking and financial services sector.
Activity is expected to diverge across regions and geographies although the global economy has been slowing down, QNB has said in an economic commentary.
QNB has announced its senior lead sponsorship of the Euromoney Conference 2022 to be held in Doha on May 29.
QNB organised a four-day workshop for students of Qatar Banking Studies and Business Administration Secondary School, which took place in THE QNB Mathaf Building with the aim of raising awareness about the importance of banking.
The brokerage subsidiaries of QNB and Commercial Bank witnessed more than doubling of its share trade turnover year-on-year during the first four months of this year, according to Qatar Stock Exchange data
QNB has announced the January winner of the 1mn Life Rewards points members referral campaign, valid until the end of May.
The Bank of Japan (BoJ) is expected to maintain once again its accommodative policy, even as other major central banks move toward a tightening cycle, QNB has said in an economic commentary.
QNB, the largest financial institution in the Middle East and Africa (MEA) region, posted a net profit of QR13.2bn in 2021, up 10% on the previous year.
The growth in Asean-5 economies is expected to be slower than forecast by the International Monetary Fund in their October World Economic Outlook, QNB has said in an economic commentary.
QNB, the largest financial institution in the Middle East and Africa, launched a campaign to promote referral of new QNB First Members, where five lucky customers will get the chance to win 1mn ‘Life Rewards’ points from December 26 to May 31, 2022.