Qatar National Bank (QNB) has secured the approval of India’s regulatory authorities to open a branch in India.

The new India branch will offer comprehensive banking services, and will help the bank attain its goal of strategic global expansion, QNB said in a statement.

QNB has a footprint in over 30 countries across three continents through its subsidiaries and associate companies.

The bank currently has over 1,200 locations, a network of over 4,300 ATMs, and employs more than 27,300 staff.

In June 2016, the bank closed the acquisition of 99.81% stake in Turkish lender Finansbank. The Qatari lender bought the stake from National Bank of Greece in a EUR2.7bn deal.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.