FROM LEFT. Ali Abdullah Darwish, Assistant General Manager, Corporate Banking, QNB; Abdulla Mubarak Al Khalifa, General Manager, Corporate Banking; Yousef Ali Darwish, General Manager, Group Communications, and Hamad Hassan Al Jamal during a press conference at QNB Al Mathaf Tower Doha yesterday. (Kammutty VP)
DOHA: QNB has launched a dedicated banking platform to support Qatar’s emerging sector of small and medium companies. The programme, named ‘Business Banking’ (BB), will offer innovative services and business solutions to meet the needs of start ups and entrepreneurs, Abdulla M Al Khalifa, General Manager, Group Corporate & Institution Banking, QNB announced yesterday.
“Small and medium enterprises (SMEs) have always been a significant ingredient in the progress story of today’s advanced economies and an effective tool to induce growth. Qatar National Vision 2030 has recognised this fact and adopted the SMEs concept as one of its major pillars of development”, Al Khalifa said.
The programme, tailored for small and medium companies, offers a comprehensive package of business solutions that meet the needs of all enterprises and businessmen. Under this programme, all commercial and industrial companies at various stages of development will find a helping hand to start up or expand their activities and to benefit from the ease of financing opportunities for all their business endeavours.
At any stage of the business, the BB will guide the entrepreneurs through various options that will assist their development within any given sector. QNB’s relationship managers will visit the offices regularly to ensure that the entrepreneurs benefit the most from the bank’s wide range of services and expertise.
Trading & contract, education, health, tourism, logistic and technology are the main sectors that QNB is expecting demand for support.
“QNB has numerous funded and unfunded products that are specially tailored to meet every SME’s needs irrespective of the sector, our team can bundle products together to offer a complete solution on a one stop shop basis to meet any sectors’ requirements. The good news is, you can now also manage your cash, take out loans and cover your risks through insurance products with QNB.”
To ensure that your business stays always ahead of competition, QNB’s new Business Programme has lined up a slew of products and business offerings that includes, but are not limited to term & call deposits, term loans, equipment finance, trade services, vehicle loan, and IT support.
In addition, if you are in construction and contracting business, you don’t have to worry anymore about acquiring latest and the state-of-the- art equipment. QNB has partnered with leading equipment suppliers to provide you access to the latest technology at a competitive financing cost. We will also ensure a quick turnaround time for your loan application details to allow you to proceed with your specific requirements.