Under the leadership of Abdulla Mubarak Nasser Al Khalifa, QNB Group has embraced technology and sustainability, enhancing operational efficiency and competitiveness, while playing a crucial role in diversifying the regional economy. These strategic advancements have ensured the bank remains at the forefront of the financial services industry.
QNB was named Qatar’s ‘Best Private Bank’ and Qatar’s ‘Best for UHNW (ultra high net worth) in the 2025 Euromoney Private Banking Awards, further strengthening its leadership in the private banking sector. These prestigious accolades underscore QNB’s unwavering commitment to delivering world-class private banking solutions tailored to the evolving needs of its high-net-worth clients. The awards also reflect the strength of QNB’s wealth management offerings, its comprehensive advisory services, and the deep expertise of its relationship managers.
Steadily steering toward becoming one of the largest financial institutions in the Middle East and Africa (MEA) region, QNB Group announced its results for the three months ended March 31, under the guidance of Al Khalifa. Net profit for the period reached QAR4.3bn ($1.2bn), a 3 per cent increase compared to the same period last year.
Net profit before the impact of Pillar Two Taxes reached QAR4.6bn, reflecting an 11 per cent increase from March 2024. Operating income rose by 6 per cent to QAR11bn, demonstrating the group’s consistent ability to generate diversified revenue growth.
As of March 31, total assets stood at QAR1,324bn, up 7 per cent from the previous year, primarily driven by a 9 per cent increase in loans and advances to QAR947bn.
Customer deposits rose 6 per cent year-on-year to QAR930bn, supported by the group’s successful deposit diversification strategy.
QNB group’s efficiency ratio (cost to income) remained strong at 22.7 per cent, among the best in the MEA region for large financial institutions.
Under Al Khalifa’s leadership, QNB group’s sustainable finance portfolio has grown to over $9bn, encompassing green, social, and sustainability-linked transactions that deliver meaningful environmental and societal benefits.
The group has issued $1.1bn in sustainable bonds, and earlier this year, QNB played a leading role as key coordinator in Qatar’s first sovereign $2.5bn green bond issuance. Within its own operations, the bank has achieved an impressive 48 per cent reduction in greenhouse gas emissions since 2017.
