Reglikedomain industry desk

Name sells for $1 million — QNB.com domain

Bank sells domain name to another bank for $1 million.

Qatar National Bank has paid $1 million to acquire the three letter domain name QNB.com.

The deal was disclosed in an SEC filing made by the seller, another bank called QNB Bank. The seller changed its web presence to QNBBank.com. Changing a bank’s domain name is a big deal, and I’m not surprised at the price tag on this deal given the circumstances.

Qatar National Bank uses the country code domain name QNB.com.qa for its web site. It is now forwarding QNB.com to its main website.

Thanks to George Kirikos, who spotted the SEC filing.

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