04 Nov 2019
Asian Firms in Discussion with QFC on Business Opportunities in Qatar
Business
Qatar Financial Centre (QFC), one of the world's leading and fastest growing onshore business and financial centres, welcomed Crédit Agricole Corporate And Investment Bank (Crédit Agricole CIB) and VakıfBank to its platform, both authorised by Qatar Financial Centre Regulatory Authority (QFCRA).
The newly licensed banks represent a key milestone in the QFC's strategy to attract an increasing number of financial institutions to its platform. Crédit Agricole CIB, the corporate and investment arm of the Crédit Agricole Group, specialises in the businesses of capital markets and investment and corporate banking and also represents the 12th largest banking group worldwide in terms of tier 1 capital. VakıfBank is the fourth largest bank in Turkey in terms of asset size and takes a leading role in financing domestic and foreign trade through over 930 branches.