Qatar National Bank (QNB) Kuwait

About Qatar National Bank (QNB) Kuwait

(QNB Group) was established in 1964 as the country’s first Qatari-owned commercial bank, with an ownership structure split between the Qatar Investment Authority (50%) and the remaining (50%) held by members of the public. QNB Group has steadily grown to be one of the leading banks in the Middle East, Africa and Southeast Asia (MEASEA) region. For the three months ended 31 March 2020, Net Profit reached QAR3.6 billion (USD1.0 billion), in line with March 2019 profitability. Total Assets reached QAR964 billion (USD265 billion), an increase of 9% from 31 March 2019.