Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company serves approximately 56 million U.S. consumer and small business relationships. It is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading.
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Since its inception in 1898 with a capital of GBP1 million, NBE has been regarded as one of the oldest and most respected commercial banks in Egypt.Never isolated from national issues or concerns, NBE has been the primary supporter of Egypt’s national economy by financing the major Egyptian national projects.
NBE’s missions and operations have continuously evolved throughout history and the economic and political changes experienced by the country.NBE was entrusted with issuing banknotes and handling government accounts, then in the 1950’s its activities evolved to undertaking the duties of the Central Bank. In the 1960’s it focused on commercial banking while still handling the central banking duties in locations where the Central Bank had no branches. Eventually, issuing and managing Investment Certificates for the State.NBE currently controls 23.6% of the market share of total assets in the Egyptian banking sector, 25.8% of total deposits, and 21.8% of total loans.
NBE owns a large network includes over 337 branches, offices and banking units across the country, alongside an international presence through NBE (United Kingdom), NBE (Republic of the Sudan) and NBE’s branches in New York (United States of America) and Shanghai (People’s Republic of China), as well as representative offices in Johannesburg (South Africa), Dubai (United Arab Emirates), and Adis Ababa (Republic of Ethiopia), in addition to a branch in the Dubai International Finance Center.NBE also has a network of correspondents throughout the world, but centered in Europe— Egypt’s primary trade partner.NBE is always keen on an effective presence in brokerage, financing different sectors, and maintaining the client’s trust by offing the best and latest services.Whilst leading the local banking market,NBE is continuously upgrading its network of branches and channels of electronic communication, and strives to refine its human resources through advanced national and international training programs.
Since its establishment in 1964, QNB Group has steadily grown to become the biggest bank in Qatar and the largest financial institution in the Middle East and Africa (MEA) region.
Network expansion comes in support of the Group’s vision to become a leading bank in the Middle East, Africa, and Southeast Asia. In addition, the Bank is establishing a foothold in highly competitive markets, including Hong Kong, where the Group opened recently its first branch.
Proud to be the Official Middle East and Africa Supporter of the FIFA World Cup 2022™, QNB Group extends through its subsidiaries and associate companies to more than 30 countries across three continents providing a comprehensive range of advanced products and services.
QNB Group has maintained its position as the highest-rated bank in Qatar and one of the highest rated banks in the world from leading credit rating agencies including Standard & Poor’s (A) and Moody’s (Aa3), The Bank has also been the recipient of many awards from leading international specialised financial publications.
QNB Group has an active community support program and sponsors various social, educational and sporting events.
For further information, please contact QNB’s Public Relations Department through PR@qnb.com
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