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 year ended 31 December 2017, the Group’s Net Profit reached QAR 13.1 billion (USD3.6 billion), up by 6% from last year. Total assets increased to QAR 811 billion (USD223 billion), up by 13%, the highest ever achieved by the group. This was driven by a growth rate of 12% in loans and advances to reach QAR 584 billion (USD161 billion).