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Tuesday, December 12, 2006

QNB donates part of credit card proceeds to 'Reach Out to Asia'

Mr. Ali Shareef Al Emadi, Acting Chief Executive of Qatar National Bank (QNB), announced that the bank will donate part of the proceeds of the QNB Asian Games commemorative credit card to the 'Reach Out to Asia' campaign.

The donation is part of QNB's social and developmental commitments including its role as the Official Bank of the 15th Asian Games Doha 2006.

The specially designed credit card was introduced by QNB earlier this year to commemorate the 15th Asian Games while supporting a humanitarian cause.

Mr. Al Emadi, spoke about the initiative to support the charity. 'It is our pleasure and honor to be able to make this contribution towards such a noble cause. This further strengthens our commitment to fulfilling QNB's corporate social responsibility which goes beyond helping the Qatari society and reaches out to all communities in need,' Mr. Al Emadi said.

'We are seizing the opportunity of the 15th Asian Games Doha 2006 and the media hype around this event to shed light on a humanitarian cause that matters to us all,' Mr. Al Emadi concluded.

Each time the QNB commemorative credit card is utilized by a customer, 0.5% of the purchase value is set aside for ROTA. The card also benefits from the assurance of being accepted at over one million ATM's and more than 24 million MasterCard acceptance locations worldwide. Considering the commemorative credit card will be valid for a limited period of time only following the Games, it carries the additional value of being a collector's item.

ROTA is a Qatari non-governmental organization (NGO) founded in November 2005 and operating under the umbrella of Qatar Foundation. The organization envisions an Asia which offers equal educational opportunities for all, regardless of age, gender or individual circumstance. Their mission is to help the global community achieve quality primary and secondary education, to encourage relationships between communities, create safe learning environments and foster a spirit of volunteerism.

QNB's donation falls in line with the bank's commitment to its comprehensive strategy of serving the people and encouraging growth and solidarity within the society.

QNB remains highly committed to providing financial support to improve the quality of life for Qatari citizens and residents. In collaboration with Qatar Foundation's Social Development Centre, the Bank initiated the QNB Volunteer Awards programme aimed at promoting the value of volunteer efforts. The programme also encourages individuals of all ages, as well as corporations and institutions to give generously.

QNB provides assistance to a variety of local organizations that play an important role in elevating the social, physical, and emotional well-being of individuals facing unique challenges, such as Qatar Society for Orphans, Al Noor Institute, Qatar Cancer Society, Qatar Society for Special Needs, Qatar Diabetes Association and others.

The 15th Asian Games Doha 2006 is the largest sporting event hosted by Qatar and QNB has signed a partnership agreement enabling it to serve as the event's Official Bank. The executive management and select employees of the bank have also participated in Doha relaying the torch to its final destination. QNB has constructed temporary branches within the Athletes' Village, the temporary airport and the Main Media Center in order to serve QNB clients and to promote the Bank's products and services. The bank is also providing spacious settings in the common domain of Khalifa Stadium where it is currently holding entertainment and sport activities to please sporting fans of all ages.

This donation is part of a series of joint activities that QNB and ROTA are involved in together to provide the required momentum for the charity campaign.

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