According to QNB, its new subsidiary, will offer a range of financial services to foreign institutional investors, mutual funds, domestic institutional investors, high-net worth individuals, retail and corporate clients including brokerage, research and advisory services with asset management and custody eventually completing the suite.

QNB Group happens to be the first bank to launch an independently regulated licensed brokerage unit in Qatar.

As part of a phased rollout of services QNBFS is currently launching its financial brokerage service which will be available to Qatari citizens, residents and non-resident individuals and institutions in Qatar as well as abroad.

QNB Group CEO Ali Shareef Al Emadi said through QNBFS Brokerage, clients will have access to one of the best advisory and research teams in the MENA region, supported by a strong and reliable financial institution.

"In the course of its full establishment QNB Financial Services will provide an even broader range of products and services including fixed income, asset management, custody and structured products," Al Emadi said.