QNB Group
{{Short description|Largest bank in Qatar}}{{Use dmy dates|date=July 2017}}
{{Infobox company
| name = Qatar National Bank Q.P.S.C.
| logo = Logo Qatar National Bank.png
| image = Head office QNB.JPG
| image_size = 215px
| image_caption = QNB Building in Doha, Qatar
| type = Public
| traded_as = {{Qatar Stock Exchange|QNBK}}
| foundation = {{start date and age|1964|6|6}} as Qatar National Bank{{cite web|url=https://www.forbes.com/companies/qatar-national-bank/|title=Qatar National Bank|work=Forbes|access-date=6 July 2015}}
| area_served = Worldwide{{cite web|url=http://www.qnb.com/cs/Satellite/QNBQatar/en_QA/enAboutQNB|title=About QNB|publisher=Qatar National Bank|access-date=6 July 2015}}
| key_people = {{ubl |Ali Sharif Al Emadi (chairman),| Abdulla Mubarak
Al-Khalifa (GCEO)}}
| industry = Banking and Financial services
| location_city = Doha
| location_country = Qatar
| products = Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management
| parent = Qatar Investment Authority (50%)
| operating_income = {{Increase}} US$9.6 billion (2022)
| assets = {{Increase}} US$327 billion (2022) {{cite web|url= https://www.qnb.com/sites/qnb/qnbglobal/en/enfinancialresultsq423news|title=Financial Results For The Year Ended 31 December 2022|work=QNB Group|access-date= 1 April 2023}}
| net_income = {{Increase}} US$4.4 billion (2022)
| equity = {{Increase}} US$29.0 billion (2022)
| num_employees = {{Increase}} 29,000
| num_employees_year = 2019
| homepage = {{url |http://www.qnb.com/ }}
}}
Qatar National Bank (QNB Group) ({{langx|ar|بنك قطر الوطني}}) is a Qatari multinational commercial bank headquartered in Doha, Qatar. It was founded in 1964 and currently has subsidiaries and associates in 31 countries on three continents. The bank's ownership is evenly divided between the Qatar Investment Authority and members of the public.{{Cite web |date=2020-11-10 |title=فروع بنك قطر الوطني QNB فى قطر |url=https://www.khalij.info/2016/12/QNB-branches-in-qater.html |access-date=2022-07-10 |archive-url=https://web.archive.org/web/20201110203250/https://www.khalij.info/2016/12/QNB-branches-in-qater.html |archive-date=10 November 2020 }}
History
QNB was founded on 6 June 1964 as the country's first domestically-owned commercial bank. It had 35 employees in its first year and was initially headquartered in a government-owned building in Qatar's capital city, Doha.{{cite web|url=http://www.gulf-times.com/Mobile/Eco.-Bus.%20News/256/details/395552/50-years-of-national-pride|title=50 years of national pride|publisher=Gulf Times|date=9 June 2014|access-date=6 July 2015}} The two currencies in circulation at the time were the Indian rupee and British pound. As Qatar's population continued increasing through the century, QNB started establishing branches in other parts of the country.
In 1974, the first branches outside of Doha were opened in Al Khor and Mesaieed. The bank installed its first ATMs in 1988 in its Doha branches, and introduced VISA cards for its clients the next year.
In 2013, QNB acquired Egypt's then-largest private-sector bank, National Société Générale Bank, from Société Générale, and rebranded it QNB Al Ahli.{{cite web |website=QNB |title=QNB Shareholder’s History |access-date={{date|2024-12-19}} |url=https://www.qnbalahli.com/sites/qnb/qnbegypt/page/en/enqnbalahlishareholdershistory.html}} By 2015, it had established 76 branches in Qatar. In 2016, QNB acquired Istanbul-based Finansbank from National Bank of Greece. As of 2017, QNB also owned an 82.59 percent stake in Bank QNB Indonesia.{{cite news|url=https://www.thejakartapost.com/academia/2017/06/22/how-embargo-affects-qatar-investment-in-indonesia.html|title=How embargo affects Qatar investment in Indonesia|newspaper=The Jakarta Post|access-date=27 December 2018}}
On September 30, 2020, net profit for 2020 was QR 9.5 billion (US$ 2.6 billion). Total assets also increased by 8% since September 30, 2019, to reach QR986 billion (US$271 billion).{{Cite web |date=2020-10-15 |title=9.5 مليار ريال.. أرباح مجموعة بنك قطر الوطني في الشهور التسعة الأولى من العام الجاري - جريدة الراية |url=https://www.raya.com/2020/10/11/9-5-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%B1%D9%8A%D8%A7%D9%84-%D8%A3%D8%B1%D8%A8%D8%A7%D8%AD-%D9%85%D8%AC%D9%85%D9%88%D8%B9%D8%A9-%D8%A8%D9%86%D9%83-%D9%82%D8%B7%D8%B1-%D8%A7%D9%84%D9%88%D8%B7%D9%86/ |access-date=2022-08-03 |archive-url=https://web.archive.org/web/20201015013249/https://www.raya.com/2020/10/11/9-5-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%B1%D9%8A%D8%A7%D9%84-%D8%A3%D8%B1%D8%A8%D8%A7%D8%AD-%D9%85%D8%AC%D9%85%D9%88%D8%B9%D8%A9-%D8%A8%D9%86%D9%83-%D9%82%D8%B7%D8%B1-%D8%A7%D9%84%D9%88%D8%B7%D9%86/ |archive-date=15 October 2020 }}
In 2024, QNB streamlined its brand identity in two of its main overseas markets, by phasing out the brands Al Ahli in Egypt and Finansbank in Turkey.{{cite web |website=PR Newswire |date={{date|2024/10/14}} |url=https://www.prnewswire.com/apac/news-releases/qnb-unifies-its-brand-to-enhance-global-presence-302274578.html#:~:text=The%20rebranding%20will%20see%20QNB,banking%20experience%20to%20its%20customers. |title=QNB Unifies Its Brand to Enhance Global Presence}}
See also
{{Portal-inline|Banks}}