For the first time, World MasterCard Credit cardholders can now access more than 400 premium lounges across 270 airports around the globe  

Doha, Qatar, 29 June, 2014: QNB, “The World’s Strongest Bank”,and MasterCard today launched the first ever LoungeKey airport access program in the world for its premium banking QNB First members. The program gives QNB First MasterCard World Credit cardholders from Qatar, Kuwait and Oman access to more than 400 premium lounges across 270 airports around the world.

With the LoungeKey program, QNB First World MasterCard Credit Cardholders from Qatar, Kuwait and Oman can now enjoy instant access to premium lounges by simply swiping their World MasterCard Credit Card rather than having to carry an additional membership card or voucher. Across Middle East and Africa alone, QNB World MasterCard Credit Cardholders will have access to 50 premium lounges across prominent airports including in Oman, UAE and Bahrain.

Commenting on the launch of LoungeKey, Heba  Al-Tamimi, GM Group Retail said, “Airport Lounge Access is what the affluent traveler expects, which is why we have partnered with MasterCard to be the first bank in the world to enable QNB First customers access to over 400 airport lounges in all their regular business and leisure travel destinations. Moreover, MasterCard LoungeKey is a key component of a comprehensive suite of premium financial products and services that were recently introduced under the umbrella of the QNB First Global Recognition Program, the first banking initiative of its type in the MEA Region.”

 “At MasterCard, we have been at the forefront of introducing bespoke products that provide frequent travelers with unique and convenient ways to make their journey more comfortable. With this new program in place, cardholders can now escape crowded airports and unwind in a premium lounge regardless of which airline or class of ticket was purchased. The MasterCard LoungeKey airport access program is the latest addition to our portfolio of travel-specific products, developed to meet the ever

changing needs of our cardholders,” said Raghav Prasad, General Manager for MasterCard’s operations in Saudi Arabia, Bahrain, Qatar, Kuwait and Oman.

In order to further enhance, as well as ease, the cardholder experience, a MasterCard branded LoungeKey website and mobile application have been developed. A traveller looking for further information on the program can download the LoungeKey mobile application by searching for ‘LoungeKey’ in the android and iOS app store.

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Contacts:

Sherif Zaki, szaki@golinharris.ae +971501551328

About QNB Group: Qatar National Bank (QNB Group) was established in 1964 as the country’s first Qatari-owned commercial bank, has an ownership structure split between the Qatar Investment Authority (50%) and the private sector (50%).

QNB Group has steadily grown to be the largest bank in the Middle East and North Africa Region and is by far the leading financial institution in the country with a market share exceeding 45% of banking sector assets.

Bloomberg Markets, the leading provider of Business, Financial and Economic news has ranked QNB as the World’s Strongest Bank in its 2012 ranking. The 78 banks in Bloomberg’s ranking list included some of the largest and most renowned financial institutions in the world, with QNB being the only bank from the MENA Region.

For the first three months of 2014, the Group recorded net profit of QR2.4 billion (USD668 million), up by 13.7% compared to last year. Total assets increased by 20.6% from March 2013 to reach QR458 billion (USD125.9 billion), the highest ever achieved by the Group.