International desk:
QNB, the largest financial institution in the Middle East and Africa (MEA), has become the first bank in the MEA region to open a branch in GIFT City, Gujarat, India’s first international financial centre and special economic zone.Commenting on the launch of the new branch, Mr. Abdullah Mubarak Al Khalifa, CEO of QNB Group, said: "India's banking sector is poised for rapid growth, driven by strong economic growth prospects, and banks have demonstrated strong operating performance along with improving asset quality. With the opening of the GIFT City branch, QNB is expanding at an opportune time when Indian corporates are looking for strong banking partners to support their growth plans. Given QNB's global reach and expertise, as well as its leading role in shaping the international financial landscape, India presents long-term growth opportunities for wholesale banking."
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