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QNB Tunisia

From Wikipedia, the free encyclopedia
QNB Tunisia
TypeSubsidiary
IndustryFinancial services
FoundedMarch 3, 1982; 44 years ago (1982-03-03)
Headquarters,
Number of locations
29 (2025)[1]
Area served
Tunisia
Key people
Lotfi Debbabi[2]
(Country Manager)
RevenueUSD 15 millions (2024)[1]
USD 56,4 millions (2024)[1]
Total assetsUSD 682,5 millions (2024)[1]
Total equityUSD 99,8 millions (2024)[1]
Number of employees
400 (2025)[1]
ParentQNB Group
Websiteqnb.com.tn

QNB Tunisia, formerly referred as Tunisian Qatari Bank, is a medium-sized Tunisian bank. Subsidiary of the Qatari QNB Group.

History

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The bank was founded as the Tunisian-Qatari Investment Bank (TQB) under an agreement signed on March 3, 1982, between Qatar and Tunisia.

Following the decision of the interministerial council on February 11, 2002,[3] the bank became an universal bank after agreement from both shareholder states. In 2004, TQB was the first bank to obtain approval from the Tunisian state to operate as a credit institution with the status of a universal bank, rather than an investment bank.[4]

On April 1, 2013, TQB adopted a new name, Qatar National Bank Tunisia,[5] following the acquisition by the QNB Group of almost all of the Tunisian state's shares.[6]

In 2013, Bloomberg Markets magazine awarded QNB Group the title of World's Strongest Bank on a list of 78 banks worldwide.

See also

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References

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  1. 1 2 3 4 5 6 "QNB Tunisia Annual Report 2024". Scribd.
  2. "Why Lotfi Debbabi swapped STB for QNB in Tunisia - Africa Business+". Africa Business Plus. 2020-09-02.
  3. "2003, les banques de développement deviennent universelles". WMC (in French). 2002-12-02.
  4. "TQB, une nouvelle banque commerciale". WMC (in French). 2004-04-14.
  5. "La TQB change de nom et devient Qatar National Bank Tunisia". businessnews.com.tn (in French). Archived from the original on 2016-03-03.
  6. "QNB Group buys additional 49.96pc stake in Tunisian Qatari Bank". The Peninsula. 2013-01-24.