QNB retains lead among MENA’s top banks by customer deposits

Translated & Edited by Aya Elsayed

Qatar National Bank (QNB) Group topped First Bank’s latest ranking of MENA’s top 100 banks by customer deposits at end-March 2026, with its deposit portfolio reaching about USD 267.2 billion.

The group continued to expand its customer deposit base in H1 2026, reaching USD 267.02 billion at end-June, compared with USD 261.40 billion at end-2025, representing growth of 2.15 per cent.

Overall, QNB Group recorded strong performance in H1 2026, with total assets rising 3.69 per cent to USD 394.72 billion at end-June from USD 380.67 billion at end-2025.

Its loan portfolio also increased, rising 2.67 per cent in H1 2026 to USD 285.99 billion at end-June from USD 278.54 billion at end-2025.

On profitability, net profit reached about USD 2.43 billion in H1 2026, compared with USD 2.35 billion in the same period of 2025, representing growth of 3.37 per cent.

Profit before income tax rose 6.41 per cent to USD 3.16 billion in H1 2026 from USD 2.97 billion in the same period of 2025.

Net interest income increased 9.47 per cent to USD 5.19 billion in the first six months of 2026, compared with USD 4.74 billion in H1 2025.

Net fee and commission income also rose to about USD 788 million in H1 2026 from USD 668 million in the same period of 2025, representing growth of 18 per cent.