QNB Group

QNB Group, established in 1964, is a Qatari multinational commercial bank headquartered in Doha, Qatar. It has grown to become the largest financial institution in the Middle East and Africa, with subsidiaries and associates in 31 countries across three continents. The bank offers a wide range of services, including credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, and asset management.

QNB Group's investment strategy is diverse, focusing on various asset classes such as fixed income, equity, private equity, real estate, and venture capital. The bank engages in investments at multiple stages, including growth, late stage, pre-IPO, buyout, turnaround, and distressed situations. Geographically, QNB has a significant presence in Qatar and has expanded its footprint to countries like Egypt, Turkey, Indonesia, Tunisia, Jordan, the United Arab Emirates, Iraq, Syria, Vietnam, Saudi Arabia, India, China, the United Kingdom, France, Germany, Switzerland, Luxembourg, the United States, and Australia. The bank's investments span numerous industries, including banking, financial services, investment banking, asset management, private equity, real estate, venture capital, insurance, brokerage, leasing, factoring, technology, telecommunications, energy, healthcare, education, retail, hospitality, transportation, and construction.

QNB Group has demonstrated a strong financial performance, with a net profit of QAR 16.7 billion (approximately USD 4.6 billion) for the year ending December 31, 2024, marking an 8% increase from the previous year. The bank's total assets grew to QAR 1.3 trillion (approximately USD 356 billion), reflecting a 7% rise from the previous year. Loans and advances reached QAR 911 billion (approximately USD 250 billion), and deposits increased by 3% to QAR 887 billion (approximately USD 243 billion). These results underscore QNB's robust position in the financial sector and its commitment to delivering value to its stakeholders.