Nomura Gets Licence From QFC Regulatory Authority To Operate From Qatar

Published: 09-Jun-2009

Qatar Financial Centre (QFC) Regulatory Authority has granted licence to Tokyo-based global investment bank Nomura, to provide investment banking and capital market services in the country.

Nomura's office in QFC will offer corporate finance and capital markets advisory services to institutional clients, and provide access to major markets worldwide.

Philip Lynch, CEO, Middle East and Africa, Nomura, said: “Qatar is among the fastest growing economies in the world, with attractive long-term fundamentals, vast hydrocarbon reserves and major government initiatives. Nomura brings a differentiated offer to clients, and can play a meaningful role in strengthening the links between Qatar and global capital markets.”

Stuart Pearce, CEO and Director General, QFC Authority said: We welcome Nomura as our newest licensed firm in the QFC and their presence will serve to further strengthen established links between Qatar and Japan. It comes as no surprise to us that 3 out of the past 6 firms licensed to operate in the QFC are headquartered in Asia. Nomura's arrival only serves to underline the growing attraction that Qatar's economy and the QFC continue to have for leading international financial institutions.

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