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QNB Launches Priority Banking Service Including Ansbacher Link

Nick Parmee 23 October 2007

QNB Launches Priority Banking Service Including Ansbacher Link

Qatar National Bank has launched QNB First, a priority banking service. To qualify, a resident of Qatar must maintain an account relationship with QNB and either credit a minimum salary of QR35,000 ($9,620) per month to the account or invest with the QNB Group a minimum of QR350,000 either in deposits or in any of the funds distributed by the bank, onshore or offshore. The main feature is that each customer will be individually serviced by a dedicated customer relationship officer trained to address their full financial needs from day-to-day banking to wealth creation. The initial QNB First service area is at the Al-Sharq Village and Spa; customers can utilise this location regardless of where their account is held to conduct all their banking business with the QNB group. Three more locations will be opened before the year-end. Another feature is the integrated provision of offshore banking services through Ansbacher in Jersey. Through Ansbacher, the international wealth management subsidiary of QNB group, the customers will be introduced to a full set of offshore banking services including call accounts, deposit accounts and a range of investment funds and other advisory services.

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