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Market: Qatar Symbol: QNBK ISIN: QA0006929895 Industry: Banks

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%) available to be held by members of the public.

QNB Group has steadily grown to be the biggest bank in Qatar and one of the largest financial institution in the Middle East and Africa region.

Subsidiaries Country Year of incorporation / acquisition Ownership %
QNB International Holdings Limited Luxembourg 2004 100%
CSI QNB Property France 2008 100%
QNB Capital LLC Qatar 2008 100%
QNB Suisse S.A. Switzerland 2009 100%
QNB Syria Syria 2009 50.8%
QNB Finance Ltd. Cayman Islands 2010 100%
QNB Indonesia Indonesia 2011 92.50%
QNB Financial Services Qatar 2011 100%
Al-Mansour Investment Bank Iraq 2012 54.2%
QNB Tunisia Tunisia 2013 99.99%
QNB ALAHLI Egypt 2013 95.00%
QNB Finansbank Türkiye 2016 99.88%
QNB (Derivatives) Limited Cayman Islands 2017 100%
Digital-Q-FS Limited United Kingdom 2022 100%

The Group is one of the largest bank by Market Capitalisation, Total Assets, Loans, Deposits and Profit in Qatar and Middle East and Africa region.


QNB's International Footprint

QNB Group, subsidiaries and associate companies operate in more than 28 countries around the world across 3 continents, through more than 900 locations, supported by more than 4,800 ATMs and employing more than 28,000 staff.

  • Based on the Group’s consistent strong financial performance and its expanding international presence, QNB is currently ranked as the most valuable bank brand in The Middle East and Africa, according to Brand Finance.
  • The Bank has also been the recipient of many awards from leading international specialised financial publications and institutions.
  • QNB Group has an active community support program and sponsors various social, educational and sporting events.

Share data 05/12/2024
Currency QAR Volume 1,725,676
Previous Close 17.20 Number of Shares (mil) 9,236.43
Change (%) 0.58 Market Cap (mil) 158,866.57
Financial Highlights (USD' billions) 2023 2022 2021
Total Assets
338 327 300
Loans 234 222 210
Deposits

235

231 216
Total Equity 30 29 27
Profit 4.3 4.0 3.6
Operating Income 10.7 9.6 7.8
Cost to Income Ratio 20.0% 19.7% 22.2%
NPL Ratio 3.0% 2.9% 2.3%
Stage 3 Loans Coverage Ratio 100% 99% 117%
Loans to Deposits ratio 99.5% 95.9% 97.2%
Capital Adequacy ratio 19.8% 19.6% 19.3%

 

Last Updated: January 2024