QNB Al Islami New Corporate Banking Branch 13 December 2008 Doha - QNB Al Islami, the Islamic branch of Qatar National Bank (QNB) Qatar National Bank (QNB) , announced the opening of its new branch on C-Ring road to serve Corporate clients. The branch is located near the Toyota junction.

The branch will provide a full range of Shari'a compliant Corporate Banking services and products.

The new premises have been designed to incorporate the latest security and banking technology for the benefit of the Bank's customers and staff.

QNB Al Islami also provides a full range of e-banking services as part of the EAZYLife brand, as well as through S@hl, the corporate e-banking channel of QNB QNB . These services support QNB Al Islami's network comprising 11 branches and offices conveniently located across Qatar.

QNB Al Islami, launched in 2005 as the first Islamic banking operation by a conventional bank in Qatar, provides a broad range Shari'a-compliant individual and corporate services and various Shari'a approved financing solutions.

QNB Al Islami was also the first bank in Qatar to provide structured vehicle lease and Tawlia finance, and the first to launch a co-branded Credit Card with Qatar Airways.

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About QNB Qatar National Bank (QNB) Qatar National Bank (QNB) was established in 1964 as the country's first Qatari-owned commercial bank, with an ownership structure split between Qatar Investment Authority (50%) and the private sector (50%).

QNB QNB has steadily grown to be among the largest banks in the region and is by far the leading financial institution in the country with a market share approaching 40% of banking sector assets. QNB QNB has the largest distribution network of 42 branches and offices (including 3 mobile branches), in addition to 11 Islamic branches and offices, and more than 149 Automated Teller Machines (ATMs).

QNB QNB 's international presence is rapidly expanding to include new locations around the world to supplement existing branches in London and Paris and the Representative Office in Iran. In 2007, QNB QNB opened new branches in Yemen, Oman & Kuwait and a Representative Office in Libya. The Bank's Representative Office in Singapore received a new wholesale banking licence making it a full fledged Branch of QNB QNB . Recently, QNB QNB also obtained licenses to operate in Sudan and Mauritania.

As part of the same expansion plan, QNB QNB has acquired 33.2% of the shares of the Jordan based, The Housing Bank for Trade and Finance (HBTF) which also operates in Palestine, Bahrain, Algeria, Syria, UAE, Libya and Iraq. QNB QNB also signed an agreement to establish the Qatar National Bank-Syria jointly with other Syrian private and public sectors institutions with a 49% stake for QNB QNB . The Bank also acquired 23.8% of the shares of Commercial Bank International (CBI) based in the United Arab Emirates (UAE), thus making its first entry into the UAE financial market.

In 2008, QNB QNB entered the Tunisian market through acquiring 50% of the Tunisian-Qatari bank. QNB QNB has also taken a 30% stake in "The Kuwaiti-Qatari Company for Ijara and Investment, which will offer Islamic financing services within the Gulf Cooperation Council countries and has acquired a 20% stake in the Doha-based Al Jazeera Islamic Company. The bank recently received approval from Qatar Financial Center to establish a new investment company; QNB QNB Capital, which be providing investment banking services.

QNB QNB offers a full range of retail, corporate, investment, treasury, wealth management, and Islamic banking products and services for individuals, corporate institutions and government entities. QNB QNB is constantly striving to provide intelligent banking solutions and its range of products and services, and delivery channels across all disciplines continues to be unrivalled.

QNB QNB was the first conventional bank in Qatar to offer Islamic Banking products and services through QNB Al Islami and the first Qatari bank to launch equity funds for companies listed in the Doha Securities Market. QNB Al Islami recently opened its first international branch, QNB Al Islami Sudan Branch, which holds a wholesale banking license and will provide a full range of banking services and products.

The London-based Ansbacher, QNB QNB 's Wealth Management and Private Banking subsidiary, operates in Switzerland, Channel Islands, the Bahamas, Dubai International Financial Center and Qatar Financial Center. Ansbacher was the first financial institution to be granted a license to operate at Qatar Financial Centre providing a wide range of wealth management services in Qatar and the region.

QNB QNB has the highest credit rating among regional banks from leading rating agencies including Standard & Poor's, Moody's, Fitch, and omar 1.1:zy