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Friday, February 06, 2026
FinovateEurope | FFNews

About QNB Group

http://qnb.com/

About QNB Group

Qatar National Bank (Q.P.S.C.) (QNB Group) was established in 1964 as the country’s first Qatari-owned commercial bank, with an ownership structure split between the Qatar Investment Authority (50%) and the remaining (50%) held by members of the public. QNB Group has steadily grown to be the biggest bank in Qatar and the largest financial institution in the Middle East and Africa region. For the financial year ended 31 December 2021, the Group’s Net Profit reached QAR13.2 billion (USD3.6 billion), an increase of 10% compared to the same period last year. QNB recorded total assets of QAR1,093 billion (USD300 billion), representing an increase of 7% from December 2020. In 2016, QNB Group completed the acquisition of 99.88% stake in Turkey’s Finansbank A.Ş. (now known as QNB Finansbank), the 5th largest privately owned universal bank. In 2013, the Group successfully completed the acquisition of the second largest private bank in Egypt, QNB ALAHLI (QNBAA) with existing ownership of 95.00%. The Group has also extended its regional footprint by acquiring stakes in various financial institutions including a 20% stake in Ecobank Transnational Incorporated (Ecobank), the leading pan-African bank based in Togo, a 38.6% stake in the Jordan-based, the Housing Bank for Trade and Finance (HBTF), 40% of Commercial Bank International (CBI) based in the United Arab Emirates (UAE), 99.99% of QNB Tunisia, 54% of the Iraqi-based Al-Mansour Investment Bank, and a 20% stake in the Al Jazeera Finance Company in Doha. QNB Group also retains a 51% stake in QNB-Syria, and a 92% stake in QNB Indonesia. Network expansion comes in support of the vision to become a leading bank in the Middle East, Africa, and Southeast Asia. In addition, the Bank is establishing a foothold in highly competitive markets, including Hong Kong, where the Group opened recently its first branch. The Group started operating in Vietnam in 2015 and Myanmar in 2016, along with opening new branches in KSA and India in 20

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