QNB Group officially welcomes Indian Republic

Posted on : Mon, 20 May 2013

Doha, 20 May 2013 – QNB Group, the World’s Strongest Bank, has received all regulatory approvals to establish a fully owned subsidiary under the name of “QNB (India) Private Limited”, which is expected to commence its operations during the 3rd quarter of 2013

QNB (India) will take the role of extending consultancy and advisory services in the field of investment and finance for the Middle East companies that are willing to establish businesses and/ or invest in India.

As part of its international expansion strategy, QNB Group is seen to always seek presence and competition in leading markets. The economy of India is the tenth-largest in the world by nominal GDP (Gross Domestic Product) and the third-largest by PPP (Purchasing Power Parity).