Qatar National Bank to open branch in India
1 min read . Updated: 29 Aug 2016, 09:29 AM IST
PremiumQatar National Bank has a presence in more than 30 countries across Europe, the Middle East, Africa and Asia
Doha: Qatar National Bank (QNB) has been given approval to open a branch in India offering banking services, the Gulf region’s largest lender said on Sunday.
The bank, which in June completed the €2.7 billion purchase of Turkey’s Finansbank, has a presence in more than 30 countries across Europe, the Middle East, Africa and Asia.
In a statement, QNB said it obtained the approval of India’s regulatory authorities to conduct operations in that country, adding the move would help towards achieving its goal of strategic global expansion. Reuters
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