Qatar National Bank Group (QNB) has opened officially its branch in Hong Kong, one of the world's prominent global financial hubs.

Commenting on the occasion, QNB Group CEO Abdulla Mubarak Al Khalifa said: "We are pleased to announce the official opening of our first branch in Hong Kong, one of the most attractive markets in the world. As part of our Group's strategy to expand into strategically located markets with excellent infrastructure and a business friendly environment, we are planning to continue diversifying our sources of revenue and profit, particularly in the MEASEA markets''.

The Branch aims to facilitate cross border business with a range of corporate banking products and services, treasury and investments, foreign exchange solutions, syndication strategies, and project financing. Hong Kong is the gateway for the Group's clients to Mainland China and wider Asia.

The Branch will work closely with the Group's global network, and particularly the Singapore branch and Shanghai representative office. It will advise QNB's clients in China on their outbound growth through Hong Kong as a base and will link with Singapore to cover South East Asia region. (QNA)