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QNB Group Continues to Lead in Sustainability, Recognized by Forbes in 2024

QNB Group's Commitment to Sustainability Recognized by Forbes

QNB Group has once again been named a sustainability leader in the Middle East by Forbes magazine. The group's CEO, Mr. Abdullah Mubarak Al Khalifa, was also honored as one of the region's sustainability leaders, a testament to the bank's ongoing achievements and initiatives in the field of sustainability.

This is the second year in a row that QNB Group and its CEO have been recognized in the banking and financial services category. This recognition is a testament to their commitment to sustainable finance and their leadership in the banking sector in this area.

QNB is the only Qatari bank to be included in this prestigious ranking, highlighting its dedication to integrating environmental, social, and governance (ESG) principles into its business model and operations.

QNB's Sustainable Finance Portfolio

QNB's sustainable finance portfolio exceeds USD 9 billion in green, social, and sustainability-linked transactions, positively impacting the environment and society. The group has issued USD 1.1 billion in sustainable bonds to date. Earlier this year, QNB became the lead arranger for Qatar's first sovereign green bond issuance, valued at USD 2.5 billion. In its own operations, the bank has achieved a 48% reduction in greenhouse gas emissions since 2017.

QNB CEO's Statement on Sustainability Leadership

Mr. Abdullah Mubarak Al Khalifa, CEO of QNB Group, said: "We are delighted to once again be recognized by Forbes among sustainability leaders in the Middle East. This recognition is a testament to our long-standing commitment to sustainability and our responsibility to promote a greener and more inclusive future. We remain committed to fostering sustainable finance and incorporating environmentally friendly practices, as we believe they are essential for our long-term success as a bank and for the communities we serve."

QNB Group: A Leader in Financial Services

QNB Group is a leading financial institution in the Middle East and Africa, ranked as one of the region's most valuable banking brands. With a strong presence in over 28 countries across three continents in Asia, Europe, and Africa, QNB provides comprehensive financial services and solutions. Our global network, driven by our commitment to innovation and excellence, serves a diverse range of clients, including corporate, institutional, and retail sectors. The QNB team, comprising over 31,000 professionals, is dedicated to driving growth and providing advanced products and services tailored to meet the evolving needs of clients worldwide.