QNB Group Posts 3.2% Rise in H1 Net Profit as Qatar's Top Lender Cites Resilience Amid Regional Risk
11 July 2026 · 3 months ago
QNB Group, the Persian Gulf's largest bank by assets, reported on Wednesday, July 8, 2026 that first half 2026 net profit rose 3.2% year on year to QR8.67 billion. Operating income climbed 11% to QR24.1 billion and total assets grew 6% to QR1.438 trillion.
A follow up report published July 9, 2026 showed second quarter net profit alone reached QR4.3 billion (1.2 billion dollars), up 5% year on year. QNB's CEO attributed the results to strong risk management despite regional and global challenges, an implicit reference to the ongoing US Iran tensions that have kept Persian Gulf regional risk elevated for international investors.
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