Doha, April 30 (QNA) – Qatar National Bank (QNB) held its first successful Small and Medium Enterprises (SMEs) Open Day earlier this week, As part of its commitment to provide innovative products that support the SME Sector and to address mandates of the Qatar National Vision 2030.
The event was well attended and was supported by the bank’s partners; Qatar Chamber of Commerce, The Ministry of Energy and Industry, The Ministry of Information and Communication Technology, Qatar Development Bank, Enterprise Qatar, Bedaya, Mannai, Qatar Building Company, Qatar Insurance Company and Qatar Life and Medical, said QNB in a press release today.
Commenting on the success of The SME Open Day Event, Acting Assistant General Manager SME’s Hamad Al-Jamali said: “The event was undertaken to inform the market that QNB can offer a lot more than the typical banking products. Working with our Government and Private Sector partners, we understand both the needs of SME’s and their importance as drivers of the economy.
The QNB theme over the two days was to promote the “One-Stop Shop” approach in helping commercial and industrial SME’s of various stages, to start up their new businesses or expand existing ones, and give them easy access to finance.
During this event, QNB’s Relationship Managers took the opportunity to update entrepreneurs about a range of available QNB and Partners services and products, and respond to all their enquiries. The convenience of this approach attracted many SME’s to participate and as a result, a number of projects that were under consideration are now being fast tracked in terms of support and financing.
Overall, SME’s are optimistic of their short and long term prospects due to the economic expansion that is driven by many Government initiatives. Qatar’s National Vision 2030 is expected to help thousands of SME’s expand their operations or start up new ventures. Within this framework, QNB took the opportunity to address the issues put forward by SME’s at The Open Day and helped by providing solutions to entrepreneurial enquiries received.
Last year QNB launched “SME – Business Banking”, an innovative platform studded with detailed business oriented solutions that will enable all current and future business owners to expand or start a business by granting them easy, convenient and quick access to finance their small to medium businesses. (QNA)