Bank - Quakertown, PA, US
Since its establishment in 1964, QNB Group has steadily grown to be the biggest bank in Qatar and the largest financial institution in the Middle East and Africa (MEA) region.Net Profit for the three months ended 31 March 2022 reached QAR3.6 billion (USD1.0 billion), an increase of 9% compared the same period last year. Operating Income up by 16% to reach QAR7.7 billion (USD2.1 billion) which reflects the Group's success in maintaining growth across a range of revenue sources. Total Assets as at 31 March 2022 reached QAR1,108 billion (USD304 billion), an increase of 6% from 31 March 2021, mainly driven by growth in Loans and advances by 6% to reach QAR763 billion (USD210 billion). Proud to be the Official Middle East and Africa Supporter of the FIFA World Cup 2022™, QNB Group extends through its subsidiaries and associate companies to more than 31 countries across three continents providing a comprehensive range of advanced products and services.The total number of employees is 27,000 operating through 1,000 locations, with an ATM network of more than 4,600 machines.For further information, please contact QNB's Public Relations Department at (+974) 4497 5704, Fax (+974) 4425 2589, email PR@qnb.com
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