{
  "id": 8543564,
  "title": "QIB ranks third globally among upper mid-size banks in Forbes’ list",
  "url": "https://urgent.news/2026/09/19/qib-ranks-third-globally-among-upper-mid-size-banks-in-forbes-list",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-19T21:30:00.000Z",
  "source": {
    "name": "Qatar Tribune Business",
    "slug": "qatar-tribune-business",
    "url": "https://www.qatar-tribune.com/article/254714/business/qib-ranks-third-globally-among-upper-mid-size-banks-in-forbes-list"
  },
  "original_language": "en",
  "account": null,
  "summary": "Qatar Islamic Bank (QIB) has secured the third position globally in the Tier 3 Upper Mid-Size Banks category of Forbes’ World’s Top Performing Banks 2026. This ranking highlights QIB’s strong financial performance, as evidenced by its net profit of QR4.835 billion, a 5% year-on-year increase. The bank’s total assets grew by 10.1% to QR221.1 billion, while customer deposits rose by 14.2% to QR142.7 billion. QIB’s cost-to-income ratio was the lowest in the Qatari banking sector at 16.3%, and it maintained a financing-to-deposit ratio of 90%, a non-performing financing ratio of 1.65%, and a capital adequacy ratio of 22.2%. Group CEO Basel Gamal expressed satisfaction with the ranking, attributing it to QIB’s disciplined approach and long-term strategy.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}