Wednesday 4 April 2018

INTERVIEW-Qatar National Bank seeks growth in Southeast Asia | ZAWYA MENA Edition

INTERVIEW-Qatar National Bank seeks growth in Southeast Asia | ZAWYA MENA Edition:

"Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told Reuters. QNB, the largest bank by assets in the Middle East and Africa, is active in Egypt and Turkey and has made forays into Singapore, Vietnam, Myanmar, India, Indonesia and China. "Our strategy and vision is to become among the leading banks in the Middle East, Africa and Southeast Asia. We have expanded our region to include Southeast Asia by 2020 and to be one of the main players in the Southeast Asia region," said Group Chief Executive Ali Ahmed al-Kuwari."



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