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QNB Egypt

From Wikipedia, the free encyclopedia
(Redirected from QNB Al Ahli)
QNB Egypt
FormerlyQNB Al Ahli
TypeSubsidiary
EGX: QNBE
ISINEGS60081C014
IndustryFinancial services
PredecessorNational Société Générale Bank
Founded2013
Headquarters,
Number of locations
239 (2025)
Area served
Egypt
Key people
Ali Rashid Al-Mohannadi
(Chairman)
Mohamed Mahmoud Bedeir
(CEO)
RevenueEGP 30 billions (2025)
(USD 571 millions)[1]
EGP 49,4 billions (2025)
(USD 939 millions)[1]
Total assetsEGP 929 billions (2025)
(USD 17,6 billions)[1]
Total equityEGP 116 billions (2025)
(USD 2,2 billions)[1]
Number of employees
7600 (2025)
ParentQNB Group
Websitewww.qnb.com.eg

QNB Egypt, known until 2024 as QNB Al Ahli,[2] is a major Egyptian bank, among the largest five banks in the country.[citation needed] It is the local subsidiary of the Qatar National Bank Group and has approximately 2 million customers.[3]

History

[edit]

In 2013, the QNB Group acquired a majority stake in National Société Générale Bank, originally established in 1978,[4] from Société Générale for US$2 billion.[5]

In 2024, as part of a strategic move to unify its global brand identity, the bank gradually phased out the "Al Ahli" name in Egypt, officially becoming QNB Egypt.[6]

In October 2025, the bank received authorization to launch its digital banking platform, ezbank.[7]

See also

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References

[edit]
  1. 1 2 3 4 "lidated Financial Statements Together With Auditors' Report For The Year Ended December 31, 2025".
  2. "QNB Alahli Egypt rebrands to QNB". zawya.com.
  3. Mughal, Waqar. "QNB Egypt". Forbes Lists.
  4. "QNB Shareholder's History | QNB". www.qnb.com.eg.
  5. "Qatar National Bank to sell small stake in Egypt unit to comply with listing rules". Reuters. 2018-02-18.
  6. "QNB unifies its brand to enhance global presence". Qatar Tribune. 2024-10-14.
  7. Mabika, Dominique (2025-10-09). "Egypt: Qatar National Bank gets the green light to launch its digital bank "ezbank"". Financial Afrik.