Doha, 18 August 2021 – QNB, the largest financial institution in the Middle East and Africa, has received two awards at Global Finance’s inaugural 2021 Sustainable Finance Awards, for ‘Outstanding Sustainable Financing in Emerging Markets’ and ‘Outstanding Leadership in Green Bonds’ in the Middle East regional category.
This new awards program from world renowned Global Finance magazine recognizes global and regional leadership in funding and launching initiatives designed to mitigate the negative impacts of climate change and help build a more sustainable future for humanity.
The Sustainable Financing award complements QNB’s recent uplift to MSCI ESG “AA” rating, the first bank to achieve this in the region. This is a testament that QNB has developed an impactful sustainability strategy, that it has identified material environment, social and governance (ESG) risks, and that is it ready to invest and deliver upon them.
The Green Bond award recognizes that QNB is delivering upon its sustainability strategy. The green bond issuance meets international best practices, and allows QNB to tap into a pool of capital that supports the transition towards a sustainable and low-carbon economy.
Global Finance is a leading international magazine and industry analyst that evaluates and awards the top preforms among banks and other providers of financial services on global and regional levels in categories of technology, leadership, brand and sustainability among others.
QNB Group, currently ranked as the most valuable bank brand in the Middle East and Africa, is proud to be the Official Middle East and Africa Supporter of the FIFA World Cup 2022™ and the Official Qatari Bank of the FIFA Club World Cup Qatar 2020™.
Through its subsidiaries and associate companies, the Group extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is 28,000 serving approximately 20 million customers operating through 1,000 locations, with an ATM network of more than 4,600 machines.