QNB Launches 7 New Products to Support SME Sector / 2

Finally, and an important and integral part of the comprehensive product offer, is the availability of the QNB credit card for SME’s. Through this card, SME’s can manage and control their day to day business expenses in a convenient and easy way. The credit card will be made available within a couple of days allowing SME’s quick and reliable access to finance.

Commenting on the significant package of new measures, Hamad Al-Jamali, QNB acting head of SMEs, said: “Our continued growth of our SME unit enables us to continue adding to our product offering. With 16 professionals spread across our ever growing network of branches we can offer easily accessible advice to SMEs and reduce the turnaround time for loan applications.

“Our seven new product offerings are designed to meet growing market and customer demands for enhanced finance facilities and these are aligned to and work in collaboration with our numerous government and private sector partners. We are especially proud to be able to offer a 24 hour turnaround time for account turnover facilities and professional loans.

“QNB’s commitment to the SME sector extends across a number of recent initiatives. Our ‘One Stop Shop’ approach operates in collaboration with a number of different partners” from the government and private sectors alike, Al-Jamali added.

Following the successful participation in QITCOM, QNB launched the first SME online portal in partnership with Enterprise Qatar and Thomson Reuters. This will further strengthen the ‘One Stop Shop’ service concept being promoted across a diverse range of economic sectors. Finally, QNB is also the main supporter of QDB Al-Dhameen SME program. (END)

Leave a Reply