Qatar National Bank Q.P.S.C. (QNB Group) (Arabic:بنك قطر الوطني) is a Qatari multinational commercial bank headquartered in Doha, Qatar. It was founded in 1964. The bank's ownership is evenly divided between the Qatar Investment Authority and members of the public.

As of March 2025, the QNB Group spanned over 28 countries across Asia, Africa, and Europe, and employed 31,000 people across 900 locations and 36 millions current accounts.

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. 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 established a branch in Shanghai.

In 2013, QNB acquired Egypt's then-largest private-sector bank, National Société Générale Bank, from Société Générale, and rebranded it QNB Al Ahli. 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.

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.

In September 2024, QNB participated in the Ooredoo Group's $549 million financing deal with Doha Bank and Masraf Al Rayan Bank to expand Ooredoo's data centers and AI business.

QNB was ranked third on Forbes Middle East's Top 100 Listed Companies 2025 list. It was also ranked fourth on Forbes's 30 Most Valuable Banks 2025 list.

In October 2025, QNB announced it had refinanced its $1.5 billion unsecured syndicated term loan facility with a five-year maturity.

International operations

Africa

Asia

  • Indonesia: (QNB Indonesia)
  • Iraq: (Mansour Bank), 52,4% shareholding
  • Jordan: (Housing Bank for Trade and Finance), 28.3% shareholding

See also