Turn on more accessible mode
Turn off more accessible mode
Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Awards
BBK awarded for distinguished Corporate Governance practices
Bahrain’s pioneer in commercial and retail banking
BBK wins first place for excellence in Corporate Governance practices
BBK wins Bahrain eContent Award
BBK newsletter
CINET
BBK Press releases
Latest News
Archives
Financial News
Latest News
Archives
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Media Center
Financial News
Archives
Archives
22-03-23
QFC, TKBB Sign MoU to Promote Development of Financial Sector in Qatar, Türkiye
(MENAFN) Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, and Participation Banks Association of Türkiye (TKBB), a public institution with a mandate to represent the participation banking sector both nationally and internationally, recently signed a Memorandum of Understanding (MoU) to support the development of the financial sector in Türkiye and Qatar. The MoU aims to promote the parties' common interests through mutually beneficial cooperation between their member organisations.
Under the agreement, QFC and TKBB will work together to organise common platforms, summits, forums, conferences, seminars, webinars and other events related to the developments in participation banking and finance. This partnership will help in diversifying financial instruments and increasing the exchange of training and technical consultancy, providing good opportunities for both parties.
Chief Executive Officer of QFC, Yousuf Mohamed Al Jaida, expressed his pleasure at the partnership, highlighting the significance of the QFC's long-standing relations with Türkiye forged through significant partnerships with Turkish organisations and companies. Al Jaida emphasised the importance of this partnership in developing the local financial industry and positioning Qatar as a leading financial hub. He noted that the MoU strengthens the ties between Qatar and Türkiye in the financial sector.
Chairman of the Board of Directors of TKBB, Osman Çelik, also expressed his pleasure at the signing of the MoU, highlighting the potential areas of cooperation between the two countries, especially in digitalisation and fintech solutions. He also noted that the Istanbul Finance Centre is on its way to becoming a global financial centre and will play an important role in increasing the share of participation finance in the financial sector.
QFC is an international business platform that provides a wide range of financial and business services to companies operating in Qatar and the region. The centre is committed to supporting the development of the local financial industry and positioning Qatar as a leading financial hub.
TKBB is a public institution mandated to represent the participation banking sector both nationally and internationally. The association is committed to promoting the growth and development of the participation banking sector in Türkiye and increasing its share in the financial sector.
In conclusion, the partnership between QFC and TKBB is a significant step towards promoting the growth and development of the financial sector in Qatar and Türkiye. Through mutually beneficial cooperation, the parties will work together to organise events related to participation banking and finance, diversifying financial instruments, and increasing the exchange of training and technical consultancy. The MoU strengthens the ties between the two countries in the financial sector and highlights their commitment to developing and positioning themselves as leading financial hubs.
MENAFN22032023000045014228ID1105833984
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us