{
  "id": 13518283,
  "title": "QNB Group nine-month net profit surges 4% to QR13.3bn",
  "url": "https://urgent.news/2026/10/10/qnb-group-nine-month-net-profit-surges-4-to-qr13-3bn",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-10T20:03:53.000Z",
  "source": {
    "name": "The Peninsula Qatar Business",
    "slug": "the-peninsula-qatar-business",
    "url": "https://thepeninsulaqatar.com/article/10/10/2026/qnb-group-nine-month-net-profit-surges-4-to-qr133bn"
  },
  "original_language": "en",
  "account": "Doha, Qatar - QNB Group, a leading financial institution in the Middle East and Africa region, reported a nine-month net profit of QR13.3 billion, marking a 4% increase compared to the corresponding period last year, as announced on September 30, 2026. Group Chief Executive Officer Abdulla Mubarak Al-Khalifa attributed the strong results to the company's established customer relationships, extensive international reach, and prudent financial management.\n\nDespite hyperinflation in Turkey, QNB Group's net profit before the impact of inflation rose to QR16.4 billion, reflecting an 8% increase year-over-year. Operating income also grew by 8% to reach QR36 billion, showcasing the company's ability to maintain growth across various revenue sources. The operating efficiency ratio of 24.3% places QNB among the top financial institutions in the region.\n\nTotal assets stood at QR1,464 billion as of September 30, 2026, a 5% increase from the previous year, driven by a 6% rise in loans and advances. Customer deposits expanded by 2% to QR979 billion, thanks to successful deposit diversification. The loan book's quality is evident through a non-performing loan ratio of 2.7%, one of the lowest in the MEA region, coupled with a remarkable loan loss coverage ratio of 97%.\n\nQNB Group remains committed to sustainable returns for shareholders, focusing on growth and operational excellence. The company's robust capital adequacy ratio of 19.7% and liquidity ratios of 145% for the Liquidity Coverage Ratio and 108% for the Net Stable Funding Ratio surpass regulatory requirements. QNB Group's recent support for client financing in infrastructure and commercial sectors, along with its international bond issuance coordination, highlights its extensive lending and capital markets capabilities.\n\nIn Qatar, the Group strengthened its engagement with businesses in the energy sector through a local SME forum, discussing financial preparedness and sector opportunities. During the quarter, QNB Türkiye completed a blue repo transaction, adding a sustainable funding structure dedicated to water resource protection. Despite regional instability affecting key shipping and energy routes, QNB Group maintained secure service access through its resilient operating model and digital capabilities.\n\nWith top-tier credit ratings from Moody's (Aa2) and S&P/Fitch (A+), QNB Group's financial strength and commitment to sustainable financing provide confidence to investors and market participants, supporting its ongoing growth and expansion plans.",
  "summary": "<p>Doha, Qatar: QNB Group, one of the largest financial institutions in the Middle East and Africa region, announced its results for the nine months ended September 30, 2026.</p> <p>Commenting on the results, Abdulla Mubarak Al-Khalifa, Group Chief Executive Officer of QNB Group said: “Our performance for the nine-months ended September 2026 reflects the strength of our franchise and our…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Qatar Tribune Business",
        "title": "QNB Group’s nine-month net profit rises 4% to QR13.3 billion",
        "url": "https://urgent.news/2026/10/10/qnb-groups-nine-month-net-profit-rises-4-to-qr13-3-billion",
        "published": "2026-10-10T21:00:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}