About 1 channels for "QNB Group (Business Operation)"

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 2020, the Group’s Net Profit reached QAR12.0 billion (USD3.3 billion). QNB became the first banking institution to record total assets of QAR1.0 trillion (USD282 billion), for the first time in history of the region, representing an increase of 9% from last year. QNB Group has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor’s (A), Moody’s (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications.