Qatar National Bank Group

Table of Contents

Introduction of the organization3

Identification of literature (theoretical constructs)6

Critical analysis of the situation9

Findings and recommendations brining about improvement11

Justification of strategic moves and the implementation considerations13

Conclusion14

Qatar National Bank Group

Introduction of the organization

Established in 1964, Qatar Bank has the privilege of being the first Qatari- owned commercial bank of the country, with the ownership structure being split between the Qatar Investment Authority and the private sector, both having 50% shares of the bank. Since the period of its establishment, the bank has undergone a number of phases of changes and alterations, combined with a large number of transformations. However, whatever the situation might be, the bank has always been a key player in supporting the economy of Qatar and thus has played an essential role in the development and progress of the country.

The major aim and key role of Qatar bank is to provide support to Qatar in reaching its highest point, in accordance with its potential and at the same time, to ensure that the country is in a position to compete with its rivals and the neighboring countries. A look at the history of the bank proves that Qatar National Bank Group has played its role in the development and progress of the country at various instances, for instance, the bank provided financial assistance in the building of Doha' International Airport and also continues to provide support and assistance to other institutions and organizations as well. In addition to the Doha International Airport, the bank has also financed a number of industrial plants and extensions, which have not only assisted in the development and progress of Qatar but are also playing their part in the promoting the industries and other social sectors of the country. It is eminent to mention here that the bank has also played an essential part in the social and economic development of the country at the same time, to ensure that there is steady and continuous growth in the country, combined with the increase in facilities, services and conveniences for the citizens.

The Qatar National Bank Group has also been taking steps to make its presence felt at an international scale and has got a number of branches opened in various parts of the world, including Paris, London and Middle East (Qatar National Bank Group, 2012). It should be taken into account that the Qatar National Bank has been offering a large number of services to both the national as well as the international clients and ensures that the employees of the bank are individuals with high net worth in both the domestic and the international branches. The various services and benefits offered to the individuals include the brokerage services, mutual funds, assets management combined with the research and advisory services to ensure that the client are benefitted and advantaged on all the possible fronts.

Qatar National Bank Group has made rapid and thorough progress in the banking sector since the date of its establishment, and today it has the pride and privilege ...