QNB Egypt
 | |
| Formerly | QNB Al Ahli |
|---|---|
| Type | Subsidiary |
| EGX: QNBE | |
| ISIN | EGS60081C014 |
| Industry | Financial services |
| Predecessor | National Société Générale Bank |
| Founded | 2013 |
| Headquarters | , |
Number of locations | 239 (2025) |
Area served | Egypt |
Key people | Ali Rashid Al-Mohannadi (Chairman) Mohamed Mahmoud Bedeir (CEO) |
| Revenue | EGP 30 billions (2025) (USD 571 millions)[1] |
| EGP 49,4 billions (2025) (USD 939 millions)[1] | |
| Total assets | EGP 929 billions (2025) (USD 17,6 billions)[1] |
| Total equity | EGP 116 billions (2025) (USD 2,2 billions)[1] |
Number of employees | 7,600 (2025) |
| Parent | QNB Group |
| Website | www |
QNB Egypt, known until 2024 as QNB Al Ahli,[2] is a major Egyptian bank which is among the largest five banks in the country. It is the local subsidiary of the Qatar National Bank Group and has approximately 2 million customers.[3]
History
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
References
- 1 2 3 4 "lidated Financial Statements Together With Auditors' Report For The Year Ended December 31, 2025".
- ↑ "QNB Alahli Egypt rebrands to QNB". zawya.com.
- ↑ Mughal, Waqar. "QNB Egypt". Forbes Lists.
- ↑ "QNB Shareholder's History | QNB". www.qnb.com.eg.
- ↑ "Qatar National Bank to sell small stake in Egypt unit to comply with listing rules". Reuters. 2018-02-18.
- ↑ "QNB unifies its brand to enhance global presence". Qatar Tribune. 2024-10-14.
- ↑ Mabika, Dominique (2025-10-09). "Egypt: Qatar National Bank gets the green light to launch its digital bank "ezbank"". Financial Afrik.