No.006 QNBGROUP

QNBGROUP

Channel Rank:006
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 (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 six months ended 30 June 2018- Net Profit reached QAR7.1 billion (USD1.9 billion)- up by 7% compared to last year. Total assets increased by10% from June 2017 to reach QAR846 billion (USD232 billion)- the highest ever achieved by the Group. QNB Group has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor’s (A)- Moody’s (Aa3)- Fitch (A+)- and Capital Intelligence (AA-). The Bank has also been the recipient of many awards from leading international specialised financial publications.
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