QNB Group - Doha, Qatar

QNB Group, established in 1964 as Qatar's first Qatari-owned commercial bank, is now the largest financial institution in the Middle East and Africa region. In the nine months ended 30 September 2017, the Group's Net Profit reached QAR 10.3 billion, and total assets increased to QAR 792 billion. This growth was driven by a 14% increase in loans and advances. In 2016, QNB Group acquired 99.88% stake in Turkey's Finansbank A.Ş. (now known as QNB Finansbank). The Group also has a 20.1% stake in Ecobank Transnational Incorporated (Ecobank), a controlling stake of 97.12% in Egypt's QNB ALAHLI (QNBAA), a 35% stake in the Jordan-based Housing Bank for Trade and Finance (HBTF), 40% in the UAE's Commercial Bank International (CBI), 99.96% in QNB Tunisia, 51% in Iraq's Al-Mansour Investment Bank,  

Show more

49% in Libya's Bank of Commerce & Development, 20% in Al Jazeera Finance Company in Doha, 51% in QNB-Syria, and an 82.59% stake in QNB Indonesia. QNB Group has been rated as one of the world's strongest banks by Bloomberg Markets and one of the safest banks in the emerging markets, according to the Global Finance Magazine.