Huge rise in QNB housing allowance

July 24, 2014 - 6:28:24 am

DOHA: The country’s top lender, Qatar National Bank (QNB), has raised the housing allowance of its employees by 60 to 130 percent in view of rising house rents in the country. The bank has also increased by 50 to 100 percent air ticket allowances to its employees.

The raises are applicable to both Qatari and expatriate employees of the bank, Al Sharq reported yesterday. QNB has branches and representative offices in 26 countries around the world and they total 602. It has a network of 1,275 ATMs, the daily said.the peninsula

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