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Friday, 20 July 2007

Profile 023 - Qatar Islamic Bank

Qatar Islamic Bank (QIB) – an Islamic bank of global stature – was established in 1982 and has been leading the Islamic banking industry for over 25 years by aggressively spreading its presence in Qatar, the Gulf, the Middle East, Asia, Europe and North Africa.
- First Islamic bank of Qatar - One of the world’s 5 largest Islamic banks - 10% share in the local banking market and 57% share in the local Islamic banking market - Operates locally through 18 branches. Number of branches to increase to 22 during 2007 - ATM network comprising 85 ATMs spread all over Qatar - International investment operations in Asia, Middle East, Europe and North Africa (Qatar, Lebanon, Malaysia, UK, Bahrain, and Yemen) - Well-coordinated correspondent banking network handling 312 accounts in 69 countries.

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