QNB Awarded Best Regional Foreign Exchange in the Middle East by Global Finance

QNB Group

QNB Group has received two awards for "The Best Foreign Exchange Provider in the Middle East" as part of the G.W. Platt Foreign Exchange Awards by Global Finance.

This prestigious recognition is the latest in a long list of accolades that QNB has received from Global Finance. The new achievement emphasizes QNBs leadership in developing innovative banking solutions and providing high-quality foreign exchange services to its customers in the local and regional markets. It also reflects the Banks constant endeavors to provide the most completive treasury solutions, in a way that serves the interest of customers and enhances their banking experience.

QNB foreign exchange solutions help customers manage the risks associated with overseas trade and currency exposure. For business with exposure to interest rate movements, the bank has developed the right interest rate hedging solutions that keep pace with the changing markets needs to help mitigate the associated risks.

These awards granted by Global Finance to foreign exchange service providers aim to encourage financial institutions to innovate and use modern technologies in the field of banking services to meet the needs of customers and enhance the role of banks in the field of foreign exchange risk management.

Criteria for choosing the Foreign Exchange Providers Award winners included transaction volume, market share, scope of global coverage, customer service, competitive pricing and innovative technologies. Global Finance also considered bank submissions, input from industry analysts, corporate executives and technology specialists.

Source: QNA