Qatar’s QNB Group reported robust financial results for the nine-month period, highlighting steady growth and strong profitability. The Group recorded a net profit of QR12.8bn, marking a 1% increase compared to last year. Furthermore, net profit before Pillar Two Taxes reached QR13.9bn, rising 9% from the same period previously. These results show that QNB Group continues to strengthen its position as a leading financial institution.
Operating income rose by 9% to reach QR33.3bn, showing the bank’s strength in growing multiple revenue streams. In addition, total assets increased by 9% to QR1,389bn, mainly due to an 11% rise in loans and advances, which reached QR1,001bn. Customer deposits also climbed 6% to QR963bn, reflecting continued confidence from clients.
QNB Group maintained one of the best efficiency ratios in the Middle East and Africa region, with a cost-to-income ratio of 23.3%. At the same time, the ratio of non-performing loans to gross loans stayed low at 2.9%, showing the high quality of the Group’s loan book. Moreover, the loan loss coverage ratio remained at 100%, reflecting QNB Group’s careful management of credit risks.
Total equity rose by 7% to reach QR121bn, while earnings per share stood at QR1.31. In addition, the Group maintained a strong capital base, with a Capital Adequacy Ratio of 19.5%. Its liquidity ratios also exceeded regulatory requirements, with a Liquidity Coverage Ratio of 151% and a Net Stable Funding Ratio of 105%. These figures confirm QNB Group’s financial resilience and operational strength.
QNB Group’s presence extends across 28 countries on three continents. It operates approximately 900 branches, more than 5,000 ATMs, and employs over 31,000 staff. This extensive network helps QNB Group deliver services efficiently while expanding its market reach. Furthermore, the Group’s international operations allow it to leverage global opportunities while maintaining high standards of banking excellence.
In addition, QNB Group continues to invest in innovation and technology to enhance customer experience. By integrating advanced digital solutions, the Group ensures clients benefit from faster, more secure, and more convenient banking services. These initiatives reinforce QNB Group’s reputation as a leading financial institution in Qatar and the MEA region.
Overall, Qatar’s leading bank shows strong financial results, effective operations, and steady growth. The phrase QNB banking group emphasizes the institution’s focus on profit growth, operational efficiency, and global expansion. These results confirm that the bank remains a pillar of stability and innovation in the region’s banking sector.
