QNB Group
QNB Group is the largest bank in the Middle East and Africa, majority-owned by Qatar Investment Authority, operating across 28 countries with QR1.41 trillion ($382B) in assets. It provides universal banking—corporate, retail, SME, private, and digital—plus syndicated lending, sustainable finance, and blockchain-enabled capital markets services.
- Company typePublic
- Founded1964
- HeadquartersDoha, Qatar
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What QNB Group does
QNB Group (Qatar National Bank) is the largest financial institution in the Middle East and Africa by assets, headquartered in Doha, Qatar, and majority-owned by the Qatar Investment Authority. Founded in 1964 and listed on the Qatar Stock Exchange (QSE: QNBK) with a market value of $50.2 billion, QNB operates a universal banking platform across 28 countries and three continents, delivered through 1,400+ branches and 30,000+ employees. As of Q1 2026, the bank reported total assets of QR1,410 billion ($382 billion), an efficiency ratio of 24.1% (best-in-class in MEA), and an NPL ratio of 2.7%.
The bank's core products span corporate and institutional banking (the primary segment, including syndicated loans, trade finance, and cash management), SME banking, retail banking, private banking and wealth management, and transaction banking. The technology layer is anchored on digital banking infrastructure including the QNB Explorer mobile app (featuring 3D Secure, Visa Direct, Digital Onboarding, Multi-Currency Travel Card), blockchain-based capital markets rails (HSBC Orion for the $500M digital bond, JPMorgan Kinexys for USD clearing), TransferMate integration for cross-border B2B payments, and a dedicated Innovation & Digital Transformation Office driving hybrid-cloud and AI adoption. Sub-brands include ezbank (digital-first bank approved in Egypt and Saudi Arabia targeting underserved and youth segments with SAR 2.5B capital) and the QNB First Lifestyle rewards ecosystem connecting 500+ partners across 30+ cities.
QNB's revenue model is dominated by net interest income from a loan book growing 8% year-on-year, supplemented by fee and commission income from cash management and transaction banking, sustainable finance and green bond origination (QR41 billion in sustainable financing in 2025; EUR 750M green bond), and investment banking/capital markets activities (bond underwriting, syndicated lending). The 72.5% full-year dividend payout (QR 0.375/share H2 2025) signals a mature, cash-generative business model. Distribution combines a sales-led wholesale banking go-to-market with an emerging product-led digital motion (ezbank, mobile app). Notable marquee customers include Qatar Airways (QR4.5B syndicated facility), Turkcell ($1B Murabaha), and Asia Digital Engineering ($100M facility), with consortium risk-sharing typical for large transactions.
QNB Group firmographics
Firmographics- Name
- QNB Group
- Legal name
- QNB Group
- Website
- https://QNB.com
- Company type
- Public
- Founded year
- 1964
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- QNB Group is the largest bank in the Middle East and Africa, majority-owned by Qatar Investment Authority, operating across 28 countries with QR1.41 trillion ($382B) in assets. It provides universal banking—corporate, retail, SME, private, and digital—plus syndicated lending, sustainable finance, and blockchain-enabled capital markets services.
- Ownership category
- akta.pro rank
QNB Group industry classification
Industry- Product category
- Commercial Banking
- NAICS
- Commercial Banking (522110), Commercial Banking (52211)
- SIC
- National Commercial Banks (6021)
- akta.pro primary industry
- Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)
Keywords
Where QNB Group is headquartered
LocationHeadquarters
- HQ city
- Doha
- HQ country
- Qatar
- HQ region
- Middle East
Offices3 records
Markets served
QNB Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Net Interest Income: Primary revenue stream from interest earned on loans and credit facilities. QNB reported operating income of QR12.08 billion in Q1 2026, up 10% year-on-year, with total assets growing 6% to QR1,410 billion driven by 8% loan growth.
- Fee and Commission Income: Transaction banking fees, cash management services, and digital banking service charges. QNB named Best Cash Management Bank in Qatar by Euromoney reflecting strength in this segment.
- Sustainable Finance Products: Green bonds, sustainable financing facilities, and ESG-linked financial products. QNB issued EUR 750 million green bond (largest by a bank in Middle East) and provided over QR41 billion in sustainable financing in 2025.
- Investment Banking and Capital Markets: Bond issuance underwriting, syndicated loans, and capital markets activities. QNB completed $500 million digital bond, $1 billion conventional bonds, and $1.5 billion syndicated term loan refinancing.
- Cross-border Payment Services: International multicurrency collection and local account solutions for corporate clients through TransferMate partnership, enabling multi-currency international payments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | $1 billion bond issued July 2025 with 4.50% coupon rate |
| Other | Multi-year contract | $1.5 billion syndicated term loan refinancing at competitive pricing |
| Other | Monthly | Quarterly cash dividend of $0.39 per share |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels6 records
QNB Group product offering
Product offeringCore offering
QNB Group is a universal commercial bank that provides corporate banking, SME banking, retail banking, private banking and wealth management, transaction banking and cash management, and sustainable finance products to clients across 28 countries. The bank complements these traditional offerings with digital banking channels (mobile app, ezbank digital-first bank in Egypt and Saudi Arabia), cross-border payment solutions, and capital markets services including bond issuance and syndicated lending.
Product overview
QNB Group offers a comprehensive universal banking platform providing corporate banking, SME banking, retail banking, private banking and wealth management, digital banking, transaction banking, and sustainable finance products across 28 countries spanning the Middle East, Africa, and Asia. The core banking platform is augmented by sub-brands including ezbank (a digital-first bank for underserved segments in Egypt and Saudi Arabia), the QNB First Lifestyle rewards program accessible via the QNB Explorer app, the EMTN Programme for bond issuances, and a suite of green and sustainable finance products. Digital channels, mobile banking (including AI-driven financial services and features such as Digital Onboarding, 3D Secure, Visa Direct, and Multi-Currency Travel Cards), transaction banking, and cash management services form the digital banking layer. QNB's Innovation and Digital Transformation Office drives AI adoption, hybrid-cloud modernization, and fintech partnerships.
Differentiator
Problem solved
Functional benefit
Brands
- QNB First Lifestyle: Program offering access to over 500 lifestyle partners worldwide through QNB Explorer app, with discounts and exclusive offers in luxury categories across 30+ major cities.
- ezbank
- QNB Explorer App
Products and services
- Corporate Banking Wholesale banking services for large corporations and institutions, including term loans, working capital facilities, trade finance, project finance, and syndicated lending delivered across QNB's 28-country network in the Middle East, Africa, and Asia.
- SME Banking Banking solutions for small and medium enterprises, including working capital finance, the SME Local Business Boost initiative, and tailored services supporting economic diversification in Qatar.
- Retail Banking Mass-market retail banking for individual consumers including deposits, personal loans, mortgages, credit cards, and digital banking services delivered across QNB's global footprint.
- Private Banking and Wealth Management Tailored wealth management and private banking services for high-net-worth clients, recognized as Best Private Bank in Qatar at the MEED MENA Banking Awards 2025.
- Digital Banking (QNB Mobile App) Mobile and online banking platform featuring 3D Secure eCommerce Transaction Verification, Visa Direct fund transfers, Digital Onboarding, Multi-Currency Travel Card, and AI-driven financial services; recognized by Global Finance magazine as Best Mobile Banking App in Qatar.
- ezbank Digital-First Bank Standalone digital-first banking brand targeting underserved and lower-middle-class segments, launched in Egypt following Central Bank of Egypt approval in October 2025.
- ezbank Digital-First Bank (Saudi Arabia) Digital-first bank in Saudi Arabia launched in cooperation with Ajlan & Bros. Holding with SAR 2.5 billion capital, following Saudi Central Bank (SAMA) approval in October 2025.
- QNB First Lifestyle Program Premium rewards and privileges program offering QNB members access to over 500 lifestyle partners worldwide through the QNB Explorer app, with discounts and exclusive offers across luxury categories in 30+ major cities.
- Green and Sustainable Finance Products Suite of sustainable financing products including green bonds, sustainable financing facilities, and ESG-linked products aligned with Qatar National Vision 2030 and QNB's Net Zero by 2050 commitment.
- Transaction Banking and Cash Management Transaction banking services including cash management, trade finance, and cross-border payment solutions; recognized as Qatar's Best Cash Management Bank 2025 by Euromoney.
- QNB Visa Credit Cards QNB's Visa credit card portfolio, complemented by promotional campaigns such as the summer campaign offering prizes including Sea Ray boats and a luxury apartment on Gewan Island.
- Blockchain-Enabled Digital Bond Issuance $500 million digitally native bond issued via HSBC's Orion blockchain platform in November 2025, listed on the Hong Kong Stock Exchange — the largest blockchain-enabled digital bond issuance by a financial institution in the Middle East and Africa.
Quantifiable outcome
- QR12.08 billion operating income in Q1 2026, up 10% year-on-year
- +4 more outcomes
Companies that use QNB Group
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
QNB Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability4 records
Feature4 records
QNB Group partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- Qatar FoundationcoreFive-year naming rights agreement to rename Education City Stadium to QNB Education City Stadium, reflecting shared commitment to sport development and Qatar National Vision 2030.
- Ooredoo FintechminorPartnership with Ooredoo Fintech and Monétique to enable walletii digital wallet launch in Tunisia, integrating with local financial system.
- State Street CorporationcoreStrategic cooperation agreement at World Economic Forum Davos to launch new custody servicing model in Qatar, combining State Street's global custody scale with QNB's local market leadership.
- MastercardcoreMastercard license granted to QNB Group to extend issuing and acquiring activities in Syria, modernizing country's digital payments infrastructure for millions of citizens.
- Qatar ChamberminorSponsorship agreement as 'Strategic Partner' for Commercial and Industrial Directory 2025 to promote business communication and economic diversification.
- HSBCcorePartnership with HSBC for digital bond issuance using HSBC Orion blockchain platform. Successfully issued $500 million digitally native bond, the largest such transaction by a financial institution in MEA.
- TransferMatecoreStrategic partnership to expand international multicurrency collection and local account solutions for QNB corporate clients worldwide, enabling multi-currency international payments.
- Qatar Association of Certified Public Accountants (QACPA)minorMoU to promote cooperation in accounting, auditing, governance, and professional training with knowledge exchange and capacity-building initiatives.
- JPMorgan ChasecoreAdopted JPMorgan's Kinexys Digital Payments blockchain network for USD clearing, becoming first Qatar-based bank to process cross-border USD transactions through this platform.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
QNB Group competitors and assessment
Company assessmentDirect peers
- Al Rajhi Bank: Saudi Arabia's largest retail bank and one of the top GCC franchises by assets and market cap. Directly comparable to QNB as a regional universal bank competing for the same MEA corporate, retail and wealth management wallet.
- Saudi National Bank (SNB): Saudi Arabia's largest bank by assets and a top MEA franchise, majority-owned by the Public Investment Fund (PIF). Directly comparable to QNB in scale, sovereign ownership profile, and cross-MEA corporate + retail banking.
- Emirates NBD: UAE's leading bank, also within the top tier of MEA franchises by assets and brand value. Directly comparable to QNB as a universal bank competing for GCC corporate, retail, and Islamic banking customers.
- First Abu Dhabi Bank (FAB): UAE's largest bank by assets and a top MEA franchise, with sovereign ownership. Comparable to QNB across corporate banking, wealth management, transaction banking and capital markets.
- National Bank of Kuwait (NBK): Kuwait's largest and one of MEA's longest-established universal banks. Directly comparable to QNB in GCC corporate lending, regional cross-border banking, and treasury operations.
- Qatar Islamic Bank (QIB): Largest Islamic bank in Qatar and a direct domestic competitor to QNB across retail, corporate and SME banking. Comparable given similar geography, customer base and Sharia-compliant product set.
- Commercial Bank (Qatar): Qatar's other major universal commercial bank and a direct domestic competitor to QNB for corporate, retail and private banking customers in the Qatari market.
- Masraf Al Rayan: Major Qatari Islamic bank formed via the merger of Al Rayan and Khaliji Commercial Bank. Directly comparable to QNB as a domestic Qatari competitor with strong corporate and retail Islamic banking franchises.
- Arab National Bank: Large Saudi joint-stock bank serving corporate, retail, and treasury customers across the Kingdom. Comparable to QNB as a regional GCC universal bank with a strong corporate lending franchise.
- Gulf International Bank (GIB): Bahrain-headquartered wholesale bank majority-owned by Saudi Public Investment Fund, focused on corporate, project and syndicated finance across MEA. Comparable to QNB's wholesale/investment banking and cross-border franchise.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
QNB Group social profiles
Digital presenceQNB Group compliance and trust
Trust signalCompliance2 records
QNB Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
QNB Group leadership team
Management profileNumber of profiles
Profiles10 records
QNB Group subsidiaries and ownership
Company hierarchySubsidiaries3 records
QNB Group funding detail
Funding detailFunding overview
Funding rounds12 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
QNB Group M&A and investment
M&A and investmentM&A2 records
Investments12 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about QNB Group
What does QNB Group do?
QNB Group is a universal commercial bank that provides corporate banking, SME banking, retail banking, private banking and wealth management, transaction banking and cash management, and sustainable finance products to clients across 28 countries. The bank complements these traditional offerings with digital banking channels (mobile app, ezbank digital-first bank in Egypt and Saudi Arabia), cross-border payment solutions, and capital markets services including bond issuance and syndicated lending.
Is QNB Group a public or private company?
QNB Group is a public company. It is classified as public and is currently operating.
When was QNB Group founded?
QNB Group was founded in 1964. It employs 5,001 to 10,000 people.
Where is QNB Group based?
QNB Group is headquartered in Doha, Qatar, in the Middle East region.
How does QNB Group make money?
Five revenue lines are on record. Net Interest Income is the primary driver. The others are fee and Commission Income, sustainable Finance Products, investment Banking and Capital Markets and cross-border Payment Services.
Who are QNB Group's main competitors?
Direct peers on record are Al Rajhi Bank, Saudi National Bank (SNB), Emirates NBD, First Abu Dhabi Bank (FAB), National Bank of Kuwait (NBK), Qatar Islamic Bank (QIB), Commercial Bank (Qatar), Masraf Al Rayan, Arab National Bank and Gulf International Bank (GIB).
Does QNB Group have an API?
No public API is recorded for QNB Group.
What industry is QNB Group in?
QNB Group's product category is Commercial Banking. Its primary akta.pro industry code is FSABAAAE, Branch & In-Person Banking (Teller/ATM Networks). Its NAICS code is 522110 and its SIC code is 6021.