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Qatar National Bank
Name
Institution Affiliation
The Qatar National Bank was established as
the first locally owned commercial bank in the year 1964. Over the years, the
bank has grown rapidly and spread across other nations such as Singapore, Oman,
Libya, Yemen, Paris, London, and Kuwait. During the initiation of the company,
the ownership structure was based on 50% by the members of the public and 50%
by the Qatar Investment Authority. Various social, political, and economic
changes have taken shape in the banking industry in Qatar. However, Qatar
National Bank has maintained the traditions and cultural values by identifying
families as the pillars of the society (Qatar National Bank, 2016).
Locally, Qatar National Bank aims at inspiring and shedding light to the Qatari society by encouraging the people to set shared goals that are focused on the future. To achieve this goal, the bank provides wealth and asset management to the local consumer. Socially, the bank's is to develop a system which is just and fair and hold high moral standards that will ensure the local customers are treated equally in accessing education, health, and other services offered. Qatar National Bank...