Qatar National Bank Group opens its first branch in Juba, South Sudan

Posted: October 30, 2011 by PaanLuel Wël Media Ltd. in Economy

Qatar National Bank (QNB) Group, the financial institution in Qatar, announced the inauguration of its first branch in Juba, the largest city and the Capital of the Republic of South Sudan. The country which came into existence in July 2011, is the newest independent nation in the world.

QNB Group obtained the necessary license and approval form the Central Bank of South Sudan to commence business from its first branch in the capital, Juba.

QNB is the first GCC and foreign Bank to open a branch in Juba, after its official independence.

The branch will offer a full range of banking services and products to corporate entities, and government, such as advisory services including corporate, project and trade finance. In addition, it will provide various services for individuals, including fixed deposits and current accounts and wealth management.

QNB’s new branch will contribute to the development of the Economic sector of the Country focusing on the business and banking relationship between South Sudan and the international banking and Business communities.

QNB’s corporate finance, asset management and investment banking services are accompanied by advanced advisory capabilities and a long track record of success in the Middle East and North Africa (MENA) region, where the Bank has advised and participated in numerous high profile transactions. The Bank has extensive experience in research, economics and analytics in the region.

Since newly independent, Juba has become an even more important city. South Sudan holds strong economic potential and is expected to develop rapidly. Key factors among these areas are infrastructure development projects and the overall elevation of GDP per capita through the promotion of international trade and commerce by the government.

QNB’s long term expansion plans in the region involves providing corporate banking and project financing facilities to leading organizations and governments.

QNB is one of the highest rated banks in the Middle East and North Africa Region based on leading credit rating agencies including Standard & Poor’s, Moody’s, Fitch, and Capital Intelligence. The Bank has also been the recipient of many awards from leading international specialized financial publications for its innovative products, services and remarkable performance.

  1. Nasir Ahmed Wadidi says:

    I would like to inquire if you need to rent a 1100sq/m house in one of the most strategic locations in the center of khartoum, for a long term lease contract ( Ahmed Khair Street, second house from the right comming from the clubs street), where you will have a lot of parking, extremely exposed font location in front of the national security head accommodation, behind st 1 police station. The area is one of the most prestigious , very close to the clubs area, very close to the airport, very close to the shopping area.
    Please contact me on my mobile in sultanate of Oman (00 968 99 66 36 36) or my personal mail ( if you find this offer interesting and i will send you a google location since an attachment can not be made now. Best Regards

    Liked by 1 person

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