QNB Group, one of the leading financial institutions in the Middle East and Africa (MEA) region, announced its results for the six months ended 30 June 2026.
Net profit for the six months ended 30 June 2026 reached QAR8.7 billion (USD2.4 billion), an increase of 3% compared to same period last year. Net profit before the impact of hyperinflation for the six month period ended 30 June 2026 reached QAR11.1 billion (USD3.0 billion), an increase of 12% compared to same period last year.
Operating Income increased by 11% to reach QAR24.1 billion (USD6.6 billion), reflecting the Group’s ability to maintain successful growth across a range of revenue sources.
Total Assets as at 30 June 2026 reached QAR1,438 billion (USD395 billion), an increase of 6% from 30 June 2025, mainly driven by growth in loans and advances by 8% to reach QAR1,042 billion (USD286 billion). Customer deposits increased by 4% to reach QAR973 billion (USD267 billion) from 30 June 2025, due to successful diversification of deposit generation.
QNB Group’s efficiency (cost to income) ratio stood at 24.1%, which is considered one of the best ratios among large financial institutions in the MEA region.
The ratio of non-performing loans to gross loans stood at 2.5% as at 30 June 2026, one of the lowest amongst financial institutions in the MEA region, reflecting the high quality of the Group’s loan book and the effective management of credit risk. In addition, loan loss coverage ratio stood at 99%, demonstrating the prudent approach adopted by the Group towards non-performing loans.
Total Equity increased to QAR130 billion (USD36 billion), up by 10% from June 2025. Earnings per share reached QAR0.89 (USD0.24) up by 5% from last year.
QNB Group’s Capital Adequacy Ratio (CAR) as at 30 June 2026 amounted to 19.8%. Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) as at 30 June 2026 amounted to 145% and 109% respectively. These ratios are higher than the regulatory minimum requirements of the QCB and Basel III reforms requirements.
About QNB Group
QNB Group is a leading financial institution in the Middle East and Africa, operating a diversified international banking platform across more than 28 countries and serving millions of customers worldwide. With a strong foundation in Qatar and the GCC, the Group supports corporates, institutions, and individuals through an extensive global network.