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«First Bank» ranking of the fastest-growing Qatari banks during the first 9 months of 2025

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Al Rayan tops the list of the fastest-growing Qatari banks on the «First Bank» Composite Growth Index with a rate of 38.9%.. Lesha Bank claims second place with a rate of 37.5%.

Dukhan Bank occupies third place with a composite growth rate of 33.7%, while QNB and Ahli Bank are among the top five banks on the index with rates of 32.8% and 32.5%, respectively.

«First Bank» Composite Growth Index for the fastest-growing Qatari banks during the first 9 months of 2025 revealed that Al Rayan Bank topped the list, recording a composite growth rate of 38.9%, supported by an increase in customer deposits of about 19.7%, growth in total customer loans of around 6.1%, and a rise in assets excluding loans by 3.2%, alongside a 2.4% jump in net profits during the first 9 months of the year.

«First Bank» Composite Growth Index relied in its ranking of Qatari banks’ performance on four main indicators reflecting the actual pace of growth during the first 9 months of 2025, which included net profit growth, total loans, customer deposits, as well as growth in total assets excluding loans, since loans are a key component in the composite growth, with unequal relative weights.

Returning to the ranking, Lesha Bank claimed second place with a composite growth rate of 37.5% during the first 9 months of 2025. This came as a result of a 211.7% increase in customer deposits, a 35.6% rise in net profits, and a 17.1% increase in assets excluding loans, while the loan portfolio declined by about 7.3% over the same period.

Dukhan Bank took third place, achieving a composite growth rate of 33.7% during the first 9 months of 2025, with customer deposits rising by about 21.2%, net profits increasing by 4.4%, and assets excluding loans growing by 2.2%, while the customer loan portfolio fell by around 0.35% over the same period.

Qatar National Bank «QNB» secured fourth place with a composite growth rate of 32.8% during the first 9 months of 2025, supported by a 10.4% rise in total customer loans, an 8.5% increase in customer deposits, a 1.5% rise in net profits, and a 0.36% increase in assets excluding loans during the same period.

As for fifth place, it went to Ahli Bank «ABQK» with a composite growth rate of 32.5% during the first 9 months of 2025, following a 9.8% increase in customer deposits, 7.5% growth in customer loans, a 4.5% rise in net profits, and a 1.7% increase in assets excluding loans during the same period.

It is noteworthy that all growth rates mentioned in the above analysis are based on the consolidated financial statements published by each bank as of September 2025.

Performance of Qatari banks on the «First Bank» Composite Growth Index during the first 9 months of 2025

# Bank Name Net Profit Growth Rate (%) Deposits Growth Rate (%) loans Growth Rate (%) Assets Growth Rate (Excluding Net Loans) (%) Composite Growth Rate
1 Al Rayan Bank 2.43 % 19.7 % 6.08 % 3.24 % 38.89 %
2 Lesha Bank 35.64 % 211.7 % -7.3 % 17.08 % 37.5 %
3 Dukhan Bank 4.4 % 21.23 % -0.35 % 2.15 % 33.73 %
4 Qatar National Bank 1.53 % 8.52 % 10.36 % 0.36 % 32.77 %
5 Ahli Bank (ABQK) 4.49 % 9.8 % 7.5 % 1.69 % 32.49 %
6 Doha Bank (DHB) 7.95 % 4.89 % 4.05 % 13.9 % 29.73 %
7 Qatar Islamic Bank (QIB) 5.72 % 1.12 % 3.35 % 9.65 % 29.73 %
8 Commercial Bank -23.74 % 11.23 % 13.85 % 18.31 % 25 %
9 Qatar International Islamic Bank (QIIB) 5.54 % 1.83 % 4.55 % -7 % 22.48 %