QNB launches a new structured investment product 100% Capital-Protected Note – ‘QNB Note 2’

Posted on : Tue, 04 Feb 2014

Doha, 4 February 2014 - Qatar National Bank (QNB), the World’s Strongest Bank, announces the launch of QNB Note 2 (Qatar Opportunities).

QNB Note 2 is a 100% Capital-Protected Structured Notes Investment Portfolio with investment returns linked to the performance of a basket of eight international (European and US) company stocks, which are listed on the equity markets of their respective countries of origin.

QNB Note 2 is an ideal medium-term investment product for investors seeking an enhanced return, with 100% capital protection and broad risk diversification. The timing of the product’s launch, as well as QNB’s selection of the underlying stocks, provide an attractive and innovative opportunity to gain exposure to Qatar’s high rate of economic growth in the coming three years.

QNB Note has the following features. Returns are linked to the performance of 8 equally-weighted international stocks, a closed 3-year investment, with a maturity date of 2017, performance will be measured on an annual basis and will be paid in the form of annual coupons, linked to the average performance of the basket of stocks and the annual performance of each individual stock is capped at 7%.

The 8 international companies which form the investment basket have been selected on the basis of their existing close ties to Qatar: either due to their existing local presence or due to substantial business interests in the country. A further aim is to provide satisfactory geographically diversification.

The eight international companies selected are Total (France-Energy), Vinci (France-Industrials), Siemens (Germany-Industrials), ArcelorMittal (Netherlands-Materials), Iberdrola (Spain-Utilities), Royal Dutch Shell Plc (UK-Energy), ConocoPhillips (US-Energy) and Halliburton Co (US-Energy).

QNB Note 2 will be available to investors via all QNB branches in Qatar. The subscription period will commence on 4 February 2014 and investments will be accepted for a period of one month, ending on 5 March 2014.

This investment opportunity is available both to Qatari and non-Qatari investors, living in Qatar or overseas.

QNB’s Asset & Wealth Management Division continues to innovate, especially in the field of new investment products.