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QNB signs MoU with GORD for green products, services

QNB signs MoU with GORD for green products, services

The Peninsula
Thursday, October 28, 2021 09:30:11 AM UTC

Doha: QNB, the largest financial institution in the Middle East and Africa, signed a memorandum of understanding (MoU) with Gulf Organisation for Research and Development (GORD) to promote sustainable building practices with the use of the Global Sustainability Assessment System (GSAS).  As part of the agreement, QNB will provide green mortgage promotions to real estate projects seeking green building certifications under the GSAS framework. 

QNB is the first in the region to apply GSAS metrics as part of its efforts towards sustainable development, and dedication to its customers to always offer innovative solutions through its products and services.  This collaboration with GORD will lead to introducing further attractive promotional interest rates for green properties and assets.

This MoU enhances the Group’s efforts in mitigating climate change impacts with its unique products and services that encourage a change in consumer behavior towards more sustainable practices. 

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